Question

A person purchased an article for ₹ 5310 which includes 10% rebate on the marked price and 18% tax under GST on the remaining price. Find the marked price of the article.

Answer 1

Given:

Amount paid (including GST) = ₹ 5,310

Rebate (discount) = 10% on marked price

GST rate = 18%

Price before GST = `(5,310xx100)/118`

₹ 4,500

Let the marked price = ₹ x

After 10% rebate, price = 90% of x

0.9x = 4,500

x = `(4,500)/0.9`

= ₹ 5,000