the marked price of an article is rupees 3500 and the 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 selling price including GST
Answers
Answered by
16
Hey.
Here is the answer.
Marked price = rs. 3500
GST % =12 %
so, SP = 3500 + 12% of 3500
or, SP = 3500 + 0.12 ×3500 = rs. 3920
After discount the new SP
= 3920 - 20% of 3920
= 3920 - 0.20×3920
= rs. 3136
But profit % = 10 % ; SP = rs. 3136
Let CP = X
so, SP = CP + 10% of CP
or, 3136 = X + 0.10 X
or, 3136 = 1.10 X
or, X = 3136/1.10
original CP = 2850.909
As, GST is 12%
so, SP including GST
= 2850.909 + 0.12×2850.900
= rs. 3193.018
Thanks.
Answered by
2
Answer:
0.5865 is the get of a discounted gaven by shopkeeper
Similar questions
Sociology,
6 months ago
Business Studies,
6 months ago
Math,
1 year ago
Math,
1 year ago
Biology,
1 year ago