Question
Download Solution PDFIf the GST on a certain article was Rs.600 two years back and it increased to Rs.750 this year, find the percentage increase in the GST on that article.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
GST two years back = ₹600
GST this year = ₹750
Formula used:
Percentage Increase = \(\dfrac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \times 100\)
Calculation:
Percentage Increase = \(\dfrac{750 - 600}{600} \times 100\)
⇒ Percentage Increase = \(\dfrac{150}{600} \times 100\)
⇒ Percentage Increase = \(\dfrac{1}{4} \times 100\)
⇒ Percentage Increase = 25%
∴ The correct answer is option 3.
Last updated on Jun 3, 2025
-> The Staff Selection Commission has officially released the SSC Selection Post Phase 13 Notification 2025 on its official website at ssc.gov.in.
-> A total number of 2423 Vacancies have been announced for various selection posts under Government of India.
-> The Computer Based Exam is scheduled from 24th July to 4th August, 2025. Candidates will be able to apply online from 2nd June 2025 to 23rd June 2025.
-> The SSC Selection Post Phase 13 exam is conducted for recruitment to posts of Matriculation, Higher Secondary, and Graduate Levels.
-> The selection process includes a CBT and Document Verification.
-> Some of the posts offered through this exam include Laboratory Assistant, Deputy Ranger, Upper Division Clerk (UDC), and more.
-> Enhance your exam preparation with the SSC Selection Post Previous Year Papers & SSC Selection Post Mock Tests for practice & revision.