Maya bought a TV for Rs. 7980 including GST of 14%. What is the original cost of the TV without GST?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Rs. 7000.
Cost price of the TV = Rs. 7980
GST = 14%
Original cost of the TV without GST = Cost price of the TV × 100/(100 + GST%)
= 7980 × (100/114)
= Rs 7000