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Mathematics

An article is purchased for ₹ 1,792 which includes a discount of 30% and 28% GST. Find the marked price of the article.

Profit, Loss & Discount

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Answer

Let Marked Price of an article be ₹ xx

Discount = 30% of ₹ x

30100×x310×x3x10\Rightarrow\dfrac{30}{100} \times ₹ x\\[1em] \Rightarrow\dfrac{3}{10} \times ₹ x\\[1em] \Rightarrow ₹ \dfrac{3x}{10}

Taxable cost of article = ₹ x3x10x - \dfrac{3x}{10}

= ₹ 10x103x10\dfrac{10x}{10} - \dfrac{3x}{10}

= ₹ 7x10\dfrac{7x}{10}

IGST = 28% of ₹ 7x10\dfrac{7x}{10}

(28100×7x10)(725×7x10)49x250\Rightarrow ₹\Big(\dfrac{28}{100} \times \dfrac{7x}{10}\Big) \\[1em] \Rightarrow ₹\Big(\dfrac{7}{25} \times \dfrac{7x}{10}\Big) \\[1em] \Rightarrow ₹ \dfrac{49x}{250}

Amount of bill = Taxable Cost + Tax = 1,792

7x10+49x250=1,792175x250+49x250=1,792(175x+49x)250=1,792224x250=1,792x=(1,792×250224)x=(4,48,000224)x=2,000\Rightarrow ₹ \dfrac{7x}{10} + ₹ \dfrac{49x}{250} = 1,792 \\[1em] \Rightarrow ₹ \dfrac{175x}{250} + ₹ \dfrac{49x}{250} = 1,792 \\[1em] \Rightarrow ₹ \dfrac{(175x + 49x)}{250} = 1,792 \\[1em] \Rightarrow ₹ \dfrac{224x}{250} = 1,792 \\[1em] \Rightarrow x = ₹\Big(\dfrac{1,792 \times 250}{224}\Big) \\[1em] \Rightarrow x = ₹\Big(\dfrac{4,48,000}{224}\Big) \\[1em] \Rightarrow x = ₹ 2,000 \\[1em]

Hence, the marked price of the article = ₹ 2,000.

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