Question

For a trader, the marked price of a refrigerator is $₹15680$, inclusive of GST at $12\%$ on the marked price. Gagan, a customer for this refrigerator, asks the trader to reduce the marked price of the refrigerator to such an extent that its reduced price plus GST on it is equal to the marked price of the refrigerator. Find the required reduction.

• A. $₹1350$
• B. ₹ 1200
• C. $₹1440$
• D. $₹1500$

Answer 1

Answer: (D)