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Question

Mr.Kiran purchases an article for Rs.5310 which includes 10 percent rebate on the marked price and 18 percent tax(under GST)on the remaining price. Find the marked price of the article.

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Solution

Dear student,Let x be MPRate of GST =18%Price after rebate of an article =x10% of x=x-10x100=9x10Amount of GST on CP on article =18% ×9x10Total SP of article =9x10+18% ×9x10=118100×9x10It is given that, SP of an article including tax =Rs.5310So,118100×9x10=5310x=5310×100×10118×9=Rs. 5000
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