Question

find the buying price of 5 kg of refined oil at 150 per kg when 5% GST is added on the purchase​

Answer 1

Answer: Rs 787.5

Step-by-step explanation:

Given 150 per Kg that means Cost of 1 kg is Rs 150

So cost of 1 kg refined oil is 150 Rs

Thus cost of 5 kg would be 150 * 5 Rs = 750 Rs

5 % GST is also added on your item

Thus, 5 % of 750 would be

= 5/100 * 750

= 5 * 75/10

= 375/10

= 37.5

Thus 37.5 Rs has been added as GST.

Thus the buying price would be 750 Rs + 37.5 Rs = 787.5 Rs