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Question

Rajesh purchased a washing-machine from Voltage Electronics. The discount of 5% was given on the printed price of ₹24,000. Rate of GST charged was 28%. The purchase price of a washing machine is ₹_____.

A
6,384
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B
3,192
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C
22,800
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D
29,184
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Solution

The correct option is D 29,184

Printed price of washing machine =₹24,000

Discount on washing machine
= 5% of ₹24,000
= 5100×24000
= ₹1200

Taxable value of washing machine
= ₹24,000 - ₹1,200
= ₹22,800

Rate of GST =28%

∴ Amount of GST on the washing machine
= 28100×22800
= ₹6,384

∴ Purchase price of washing machine = Taxable value of washing machine + Amount of GST on washing machine

= ₹22,800 + ₹6,384
= ₹29,184

Hence, Purchase price of washing machine is ₹29,184.

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