Question

the market price of an article is ₹3500 and rate of GST is 12%. A shopkeeper allows a discount of 20% and still make a profit of 10%. find the original cost price of the article and the selling price including GST.

Answer 1

m.p=3500

vat=8%

discount=20%

profit=10%

vat=8% of 3500

8/100*3500

280

m.p. after including vat=3780

discount=20%of 3780

20/100*3780

756

m.p after discount=3024

10/100*x+x=3024

x=2749.9ans

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