A) Rs. 1200
B) Rs. 1800
C) Rs. 2000
D) Rs. 2340
Correct Answer: C
Solution :
[c] 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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