New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    John went to purchase a Bike, the shopkeeper told him to

    pay 30% GST, if he asked the bill. John manages to get the discount of 10% on the actual selling price of the bike and he paid the shopkeeper Rs. 55350 without GST. Besides he manages to avoid to pay 30% GST on the already discounted price, what is the amount of discount that he has gotten?
    A 24400 Correct Answer Incorrect Answer
    B 26400 Correct Answer Incorrect Answer
    C 24600 Correct Answer Incorrect Answer
    D 22700 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost Price be Rs. 100 Selling Price (with GST) = 130 New Selling Price = 100 -10 = 90 ∴ Effective Discount = 130 – 90 = 40 So, SP of 90 = Discount 40 And, Selling Price of 55350 ⟶ Discount = 40/90×55350 = 24600

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