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Question

# The marked price of an article is ₹9000 and rate of GST on it is 18%. A shopkeeper buys this article at a reduced price and sells it at its marked price. If the shopkeeper pays ₹162 as CGST to the government as part of his net tax liability, find the amount (excluding GST) paid (in ₹) by the shopkeeper for the article.

A
7200
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B
7500
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C
7800
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D
8100
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Solution

## The correct option is A 7200Let the shopkeeper buys the article at ₹x For the shopkeeper CP = ₹x and SP = ₹9000 CGST paid by him to the government = ₹162 SGST paid by him to the government = ₹162 Total GST paid by him to the government = SGST + CGST = ₹162 + ₹162 = ₹324 Output GST - Input GST = ₹324 18% of ₹9000 - 18% of ₹x = 324 18100×(9000−x)=324 18x100=1620−324=1296 x=7200 So for the shopkeeper, cost price of the article is ₹7200

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