When rate of GST reduces from 18% to 12% for a underwear manufacture machine, Rahul has to pay 600 less for it. What is listed price of machine??

ICSE Class 10 Answered

When rate of GST reduces from 18% to 12% for a underwear manufacture machine, Rahul has to pay 600 less for it. What is listed price of machine??

Asked by ayush421301 | 26 Jan, 2020, 06:10: PM

Expert Answer

Let the listed price of the machine = Rs. x

According to the condition,

12% of x = 18% of x - 600

begin mathsize 16px style fraction numerator 12 straight x over denominator 100 end fraction equals fraction numerator 18 straight x over denominator 100 end fraction minus 600 rightwards double arrow 12 straight x space equals space 18 straight x space minus space 60000 rightwards double arrow 6 straight x space equals space 60000 rightwards double arrow space straight x space equals space 10000 end style

Therefore, the listed price of the machine is Rs. 10,000.

Answered by Yasmeen Khan | 27 Jan, 2020, 11:04: AM

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