A) Rs.1200
B) Rs.1800
C) Rs.2000
D) Rs.2340
Correct Answer: C
Solution :
Let the cost price of the watch = Rs. x After 40% marked price and 10% discount \[=x\times \frac{90}{100}\times \frac{140}{100}=\frac{126x}{100}\] profit \[=\frac{126x}{100}-x=\frac{26x}{100}\] According to question, Pay 10% tax on profit \[=\frac{26x}{100}\times \frac{90}{100}=468\] \[x=\frac{468\times 100\times 100}{26\times 90}=Rs.\,2000\]You need to login to perform this action.
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