An Article is Advertised for 262.50 dollars inclusive of a 5% GST . find the orignal price
To find the original price of the article before the 5% GST was added, you can use the following steps:
Step 1: Convert the advertised price to a decimal by subtracting the GST amount. The GST amount can be calculated by multiplying the advertised price by 5% (0.05). Let's call the advertised price "A" and the original price "P".
GST amount = A * 0.05
Step 2: Subtract the GST amount from the advertised price to find the original price.
P = A - GST amount
Now, let's plug in the given values and calculate the original price:
GST amount = 262.50 * 0.05 = 13.125
Original price, P = 262.50 - 13.125 = 249.375 (rounded to two decimal places)
Therefore, the original price of the article was $249.38.
well, you know that
1.05 p = 262.50
so, ...