Question

The Marked price of an article is rupees 3500 and rate of GST is 12 percent. A shopkeeper allows a discount of 20 percent and still makes a profit of 10 percent. find the original cost price of the article and the selling price including GST

Answer 1

answer is in this pic... I hope this will help you

Answer 2

Marked Price = Rs 3500

Find the price after discount:

Discount = 20% of Rs 3500

Discount = 0.2 x 3500 = Rs 700

Price after discount = 3500 - 700 = Rs 2800

Find the cost price:

Profit = 10%

Selling Price = Cost Price + Profit

Selling Price = 100 + 10 = 110%

110% = Rs 2800

1% = 3150 ÷ 110 = 280/11

100% = 280/11 x 100 = Rs 2545.45

Find the selling price with GST:

Selling Price = Rs 2800

GST = 12% x Rs 2800 = 0.12 x 2800 = Rs 336

Selling Price with GST = 2800 + 336 = Rs 3136

Answer: The cost price is Rs 2545.45 and the selling Price with GST is Rs 3136