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Question
The marked price of an article is ₹ 2,000. The GST on the article is 12% and discount is ₹ 500, the total amount to be paid is ______.
Options
₹ 2,800
₹ 1,680
₹ 1,370
₹ 1,740
MCQ
Fill in the Blanks
Solution
The marked price of an article is ₹ 2,000. The GST on the article is 12% and discount is ₹ 500, the total amount to be paid is ₹ 1,680.
Explanation:
Marked price of an article = ₹ 2000
Discount = ₹ 500
∴ Price after discount = ₹ 2000 – ₹ 500 = ₹ 1500
Rate of GST = 12%
GST amount = 12% of ₹ 1500
= `(12/100 xx 1500)`
= ₹ 180
∴ Total amount paid = ₹ 1500 + ₹ 180
For an article = ₹ 1680
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