The price of a motorcycle is 44880 including tax (under GST) at the rate of
18% on its listed price. A buyer asks for a discount on the listed price so that
after charging GST, the selling price of motorcycle becomes equal to the
listed price. Find the discount amount in which the seller has to allow for
the deal.
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Answer:
The discount amount to allow the deal is Rs 6867 .
Step-by-step explanation:
Given as :
The price of motorcycle including tax = Rs 44880
Let The price of motorcycle = Rs x
The GST tax = 18%
Let the discount amount to allow the deal = Rs y
∵ price of motorcycle including tax = price of motorcycle + 18% of price of motorcycle
i.e x + 18% of x = rs 44880
or, x + 0.18 x = rs 44880
Or, 1.18 x = rs 44880
∴ x =
i.e x = Rs 38034
So, The price of motorcycle = Rs 38034
Again
Listed price = Rs 38034
A/ Q , selling price = listed price = Rs 38034
Now, discount % = 1 -
Or, d% = 1 - 0.847
Or, d% = 0.153
∴ discount = 15.3%
So, The discount amount = 15.3% of Rs 44880
Or, y = × Rs 44880
Or, y = Rs 6866.64 ≈ Rs 6867
i.e discount amount = Rs 6867
Hence, The discount amount to allow the deal is Rs 6867 . Answer
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