Ranjith bought a computer for Rs. 37,760 which includes GST of 18%. find the marked price of the computer
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ANSWER :
- ❖ If Ranjit bought a computer for Rs. 37,760 which includes GST of 18%; then the marked price of the computer is Rs. 32,000.
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SOLUTION :
❒ Given :-
- Cost price of the computer after GST was added = Rs. 37,760
- Rate of GST = 18%
❒ To Find :-
- Market Price of the computer = ?
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❒ Calculation :-
Suppose,
- Marked price of the computer = Rs. x
It is given that,
- Cost price of the computer after 18% GST was added = Rs. 37,760
According to question,
- Rs. x + 18% of Rs. x = Rs. 37,760
By solving it, we get,
- x + 18% of x = 37,760
⇒ x + ( × x ) = 37,760
⇒ x + = 37,760
⇒ = 37,760
⇒ = 37,760
⇒ 118x = 37,760 × 100
⇒ 118x = 37,76000
⇒ x =
∴ x = 32,000
- Hence, the marked price of the computer is Rs. 32,000.
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❍ Calculation of Amount of GST adddd :-
We have,
- Cost Price of the computer after GST added = Rs. 37,760
- Marked Price of the computer before GST added = Rs. 32,000
∴ Amount of GST added = Cost Price - Marked Price
➨ Amount of GST added = Rs. 37,760 - Rs. 32,000
➨ Amount of GST added = Rs. 5,760
Or,
We have,
- Marked Price of the computer = Rs. 32,000
- Rate of GST = 18%
∴ Amount of GST added = 18% of Rs. 32,000
➨ Amount of GST added = 18% × Rs. 32,000
➨ Amount of GST added = × Rs. 32,000
➨ Amount of GST added = Rs. 5,760
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