Percentage

Quantitative Aptitude (CCS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

A seller charges 28% more from a customer as GST on an article. If customer paid Rs. 4544, what is the cost price of the article?

Rs. 3550

Rs. 2650

Rs. 3840

Rs. 2450

Let the cost price of the article be 'P'

Then from given data,

P + 28P/100 = 4544

=> 128P = 454400

=> P = 3550

The cost price of the article = P = Rs. 3550

Hence, option 1 is the correct answer.