If 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.
- A30%
- B15%
- C25%
- D20%
Solution & Step-by-step Explanation
Initial GST value = Rs. 600
New GST value = Rs. 750
Increase in GST=750−600=Rs. 150
Percentage Increase=(
Initial Value
Increase
)×100
Percentage Increase=(
600
150
)×100=
4
1
×100=25%
New GST value = Rs. 750
Increase in GST=750−600=Rs. 150
Percentage Increase=(
Initial Value
Increase
)×100
Percentage Increase=(
600
150
)×100=
4
1
×100=25%