I bought
5%. Gest Find the price of pens
before GST
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Question :-
- A product was bought including GST 5%. Find the price before GST was added.
To find :-
- The price before GST was added.
Since the Selling price is not given, we can assume the selling price to be ₹105.
Let Cost price be ₹x
Formula to use :-
As we know that when GST is added, then the Selling price is greater than the Cost price, we can use the formula :-
Taking the GST % as Profit %.
Substituting the values,
By transposing 100 to the LHS (Left hand side),
Transposing 105 to the LHS(Left hand side),
By reducing to the lowest terms,
₹100 = x
Hence,
CP = ₹100
Hope it helps!
Happy day!
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