The marked price of gold earrings is 10,000. During Diwali, the price
dropped by 25%, as a result the amount of profit made by shopkeeper reduce
to 1000
(a) What is the cost price of the earrings?
(b) If 12% GST was charged on all gold jewellery, how much would one
have to pay for earrings during sale?
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Answer:
a) 6500
b) 8400
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