Mathematics
A retailer buys an article at a discount of 15% on the printed price from a wholesaler. He marks up the price by 10% on the printed price but due to competition in the market, he allows a discount of 5% on the marked price to a buyer. If the rate of GST is 12% and the buyer pays ₹468.16 for the article inclusive of tax (under GST), find
(i) the printed price of the article.
(ii) the profit percentage of the retailer.
Related Questions
John purchased a movie camera for ₹25488, which includes 10% rebate on the list price and 18% tax (under GST) on the remaining price. Find the marked price of the camera.
The marked price of an article is ₹7500. A shopkeeper buys the article from a wholesaler at some discount and sells it to a consumer at the marked price. The sales are intra-state and the rate of GST is 12%. If the shopkeeper pays ₹90 as tax (under GST) to the State Government, find:
(i) the amount of discount.
(ii) the price inclusive of tax (under GST) of the article which the shopkeeper paid to the wholesaler.
Mrs. Arora bought the following articles from a departmental store :
S.No. Item Price Rate of GST Discount 1 Hair oil ₹ 1200 18% ₹ 100 2 Cashew nuts ₹ 600 12% - Find the :
(a) Total GST paid.
(b) Total bill amount including GST.
The following bill shows the GST rate and the marked price of articles :
Vidhyut Electronics
S.No. Item Marked price Quantity Rate of GST (a) LED TV set ₹ 12,000 01 28% (b) MP4 player ₹ 5,000 01 18% Find the total amount to be paid (including GST) for the above bill.