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Mathematics

A shopkeeper buys goods worth ₹ 4000 and sells at profit of 8%. If the rate of GST is 5%, then the bill amount is :

  1. ₹ 4020

  2. ₹ 4320

  3. ₹ 4536

  4. ₹ 3864

GST

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Answer

Cost price of goods = ₹ 4000

Profit = 8% = 8100×4000\dfrac{8}{100} \times 4000 = ₹ 320.

Total = ₹ 4000 + ₹ 320 = ₹ 4320.

GST = 5% = 5100×4320\dfrac{5}{100} \times 4320 = ₹ 216.

Amount = ₹ 4320 + ₹ 216 = ₹ 4536.

Hence, Option 3 is the correct option.

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