Question:
An article was purchased for 1239 including GST of 18%. Find the price of the article before GST was added?
An article was purchased for 1239 including GST of 18%. Find the price of the article before GST was added?
Updated On: Dec 1, 2023
Hide Solution
Verified By Collegedunia
Solution and Explanation
Let the initial price of the article before including GST be denoted by x.
The price of the article including GST is given by the formula: Price of article including GST=Rs.1239
GST (Goods and Service Tax) is 18% of x, expressed as \(\frac{18×x}{100}=0.18×x.\)
Therefore, the equation representing the relationship between the price before GST (x) and the price after including GST is: x+(0.18×x)=1239
Solving for 1.18x=1239
Thus, the initial price before including GST (x) is:
\(x=\frac{1239}{1.18}=\) Rs. 1050
Hence, the price of the article before GST was added is Rs. 1050.
Was this answer helpful?
0
0
Top Questions on Tax
- A decrease in the income tax rate has a ________ effect on the labour supply if the ________ effect dominates.
- In an economy, the dependency ratio is the ratio of
- Which one of the following is NOT a source of finance of the Government of India ?
- Calculate operating surplus from the following.
₹ (in Cr)
a Rent & Interest 1 50 b Bonus 2 80 c Profit After Tax 3 30 d Tax rate 4 40%
Choose the correct option. - Identify the objective by imposing heavy taxes on production units engaged in producing harmful product like liquor, cigrattes etc.
View More Questions
Questions Asked in CBSE Class VIII exam
(a) Find out the position of the image of an object situated at A in the plane mirror.
(b) Can Paheli at B see this image?
(c) Can Boojho at C see this image?
(d) When Paheli moves from B to C, where does the image of A move?- CBSE Class VIII
- Multiple Images
- A 5 m 60 cm high vertical pole casts a shadow 3 m 20 cm long. Find at the same time -
(i) the length of the shadow cast by another pole 10 m 50 cm high
(ii) the height of a pole which casts a shadow 5 m long.- CBSE Class VIII
- Direct Proportion
- Identify the part which vibrates to produce sound in the following instruments.
- Dholak
- Sitar
- Flute
- CBSE Class VIII
- Sound is Produced by a Vibrating Body
- The process that you saw in Activity 11.7 is used for purification of copper. A thin plate of pure copper and a thick rod of impure copper are used as electrodes. Copper from impure rod is sought to be transfered to the thin copper plate. Which electrode should be attached to the positive terminal of the battery and why?
- CBSE Class VIII
- Electroplating
- How many people and animals died in Yala National Park?
- CBSE Class VIII
- The Tsunami
View More Questions