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    Question

    A shopkeeper marks an item 50% above its cost price. He

    gives a discount of 20% on the marked price and then charges 10% GST on the discounted price. If the final price paid by the customer is Rs 594, find the cost price of the item.
    A Rs.330 Correct Answer Incorrect Answer
    B Rs.450 Correct Answer Incorrect Answer
    C Rs.625 Correct Answer Incorrect Answer
    D Rs.265 Correct Answer Incorrect Answer

    Solution

    Let cost price = C. Marked price = 1.5C After 20% discount: Discounted price = 1.5C ├Ч 0.8 = 1.2C After 10% GST: Final price = 1.2C ├Ч 1.1 = 1.32C Given: 1.32C = 594 C = 594 / 1.32 1.32 = 132/100 тЗТ C = 594 ├Ч 100 / 132 = 59400 / 132 132├Ч450 = 59400 (since 132├Ч45=5940) So C = Rs 450.

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