A customer pays a total GST of ₹ 600 on an article in an intra-state sale, and the tax rate is 12%. The price of the article is :

ICSE Class 10 Mathematics PYQ · 2027 Specimen · Section A

1(i)1 Mark · 2027 · Section A · 2027 Specimen

A customer pays a total GST of ₹ 600 on an article in an intra-state sale, and the tax rate is 12%. The price of the article is :

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Given,

Total GST paid = ₹ 600

Rate of GST = 12%

Let the price of the article be ₹ $x$.

By formula,

GST = Rate of GST × Price of the article

$$\begin{aligned}\Rightarrow 600 = \frac{12}{100} \times x \\[1em] \Rightarrow x = \frac{600 \times 100}{12} \\[1em] \Rightarrow x = \frac{60000}{12} \\[1em] \Rightarrow x = 5000.\end{aligned}$$

Thus, the price of the article = ₹ 5,000.

Hence, option 3 is the correct option.

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