Question

find the rate of GST if an article marked at 5000 is sold for 5900?

Answer 1

HEY!!

_____________________________

▶Marked Price of an article= Rs 5000

▶Selling Price of an article=Rs 5200

▶Difference between MP and SP=5200−5000=Rs 200

▶Rate of VAT=Difference between MP and SP/Marked Price of an article×100

▶▶▶2005000×100=4%

Answer 2

CP=5000
SP=5900
LOSS=5900-5000
          =900
LOSS%=(LOSS/CP)100
             =(900/5000)100
             =18% Answer