If the rate of GST on an inter-state sale is 18%, the total amount for a service of ₹ 200 is

1. ₹ 36

2. ₹ 218

3. ₹ 236

4. None of these

Statement 1: In case of profit (i.e. if S.P. > C.P.), C.P. = S.P. x $\Big(\dfrac{100 \times \text{Profit}\%}{100}\Big)$.

Statement 2: In case of loss (i.e. if C.P. > S.P.), S.P. = $\Big(\dfrac{100 \times \text{C.P.}}{100 - \text{Loss}\%}\Big)$.

Which of the following options is correct?

1. Both the statements are true.

2. Both the statements are false.

3. Statement 1 is true, and statement 2 is false.

4. Statement 1 is false, and statement 2 is true.

Assertion (A) : If selling price of an article is ₹ 400 gaining $\dfrac{1}{4}$ of its C.P., then gain% = 25%.

Reason (R) : Loss = $\dfrac{\text{C.P.} \times \text{Loss}\%}{100}$.

1. Both A and R are correct, and R is the correct explanation for A.

2. Both A and R are correct, and R is not the correct explanation for A.

3. A is true, but R is false.

4. A is false, but R is true.

Assertion (A) : If S.P. is ₹ 1,200 and sales tax is 20% then amount of the bill = ₹ 1,440.

Reason (R) : S.P. is the taxable amount, hence amount of the bill = $S.P.\Big(1 + \dfrac{\text{Rate of sales tax}}{100}\Big)$

1. Both A and R are correct, and R is the correct explanation for A.

2. Both A and R are correct, and R is not the correct explanation for A.

3. A is true, but R is false.

4. A is false, but R is true.