Question

I buy a hand phone. The shop discounted the list price by 5% and the GST rate was 7%. 4 If I paid 2236.3, how much was the list price List price List price:

Answer 1

list price will be Rs 2183.75

Explanation:

price paid = 2236.3

discounted price of 5% on marked price.

GST rate is 7%

selling price = 93% of 2236.3

= 0.93 × 2236.3

= 2079.76

marked price will be 105% of 2079.76

= 1.05 ×2079.76

= 2183.75

hence, the list price will be Rs 2183.75