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Mathematics

A shopkeeper buys goods worth ₹ 5,000 and sells them at a profit of 10%. If the rate of GST is 5%, then bill amount is :

  1. ₹ 6000

  2. ₹ 525

  3. ₹ 5775

  4. ₹ 5250

GST

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Answer

C.P. = ₹ 5000

Profit % = 10%

Profit = 10100×5000\dfrac{10}{100} \times 5000 = ₹ 500.

S.P. = C.P. + Profit = ₹ 5000 + ₹ 500 = ₹ 5500.

GST % = 5%

GST = 5100×5500\dfrac{5}{100} \times 5500 = ₹ 275.

Total bill = ₹ 5500 + ₹ 275 = ₹ 5775.

Hence, Option 3 is the correct option.

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