Bicycle Prices | MCQs

Explanation

Price inclusive of GST = 6480

GST percentage = 8%

First, convert the GST percentage to a decimal:

8% = 0.08

Now, divide the price inclusive of GST by (1 + GST decimal):

6480 ÷ (1 + 0.08) = 6480 ÷ 1.08 = 6000

So, the original price of the bicycle is 6000.