marked price of an article is rs 3500 and rate of gst is 12 %. A shopkeeper allows a discount of 20 % and still makes a profit of 10 %. find the orginal cost price of article and selling price including Gst.
Answers
Answered by
5
MP = 3500
After adding GST of 12% = 3500 + 420 = 3920
Selling price including GST = 3920
Profit of 10%
(3920-x)/x * 100 = 10
X=3563.63
Cost Price is 3563.63
After adding GST of 12% = 3500 + 420 = 3920
Selling price including GST = 3920
Profit of 10%
(3920-x)/x * 100 = 10
X=3563.63
Cost Price is 3563.63
Answered by
1
Answer:after including G.S.T price of an article = 3920 rs.
cost price= 3449.6 rs.
Step-by-step explanation:
marked price of article = 3500 rs.
after including G.S.T price of an article = 112% of marked price
= 3920 rs.
shopkeeper allows 20% discount.
after discount price of article = 80% of price after g.S.t
=3136 rs.
this price includes 10% profit. so discounted price is 110% of cost price.
so cost price of article = (3136 / 110)*100
=3449.6 rs.
Similar questions