Question

the price of an item inclusive of GST at the rate of 12%is RS 3746250. find the list price of the item​

Answer 1

Answer:

Let marked price be Rs. x.

∴x+12% of x=2,016

⇒x+

100

12

x=2016

⇒

100

112x

=2016

⇒x=

112

2016×100

⇒x=1,800

∴ Marked price of the article =Rs.1,800

Since, new Sales Tax =7%

∴ Now, the customer will pay =Rs.1,800+7%ofRs.1,800

=

100

107

× Rs.1,800=Rs.1,926

∴ Customer will pay for the article =Rs.(2,016−1,926)less=Rs.90less

Step-by-step explanation:

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