Multiple Choice Questions on After receiving 25 discount on an item Anil needs to pay 2 5 CGST and 2 5 SGST on the discounted pri........... for SSC (CPO) Exam Preparation

Profit and loss

Quantitative Aptitude (CPO)

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Indian Economy - Understanding the basics of Indian economic system

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    After receiving 25% discount on an item, Anil needs to pay 2.5% CGST and 2.5% SGST on the discounted price . If Anil had got only 20% discount paid the same tax on discounted price then, he would have to pay Rs.84 extra. Find the original marked price of the item.

    Rs.1770

    Incorrect Answer

    Rs.1420

    Incorrect Answer

    Rs.1550

    Incorrect Answer

    Rs.1600

    Correct Answer
    Explanation:

    Total tax = 2.5+2.5 = 5%
    Let the original marked price be x. (x*4/5*1.05) – (x*3/4*1.05) = 84
    => x*1.05(4/5-3/4) = 84
    => x = Rs.1600


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