An article is available with GST and without GST and GST is 10% of marked price. When article is purchased with GST, 20% discount is given on total amount after GST while only 10% discount on marked price is given when purchased without GST. If difference between selling price in both the scheme is Rs. 30, the what is the marked price of article?

  1. Rs. 1600
  2. Rs. 1200
  3. Rs. 1800
  4. Rs. 1500

Answer (Detailed Solution Below)

Option 4 : Rs. 1500
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Detailed Solution

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Let marked price = 100x

Price after GST = 110% of 100x = 110x

Selling price when purchased at GST = 80% of 110x = 88x

Selling price when purchased without GST = 90% of 100x = 90x

Now,

90x – 88x = 30

x = 15

Marked price = 100x = Rs.1500

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