the Marked price of an article is rupees 3500 and rate of GST is 12% A shopkeeper allows a discount of 20% and still makes a profit of 10% find the original cost price of the article and the SP including GST.
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Answered by
64
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
parveentyagi94:
No
It should be
Mp=3500
Answered by
20
"Marked price of an article = Rs 3500
Then, after adding GST of 12% = 3500 + 420 = Rs 3920
Selling price including GST = Rs 3920
Profit of 10%
By using and putting the given values in the profit formula we get
(3920-x)/x * 100 = 10
X=3563.63
Cost Price of the article is Rs 3563.63.
Therefore, the answer, the original cost price of the article is Rs 3563.63.
"
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