a watch dealer page 10% custom duty on a watch which cost rupees 500 board for how much market if he desire to make a profit of 20% after giving a discount of 25% to the buyer
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Answer:
880 rupees
Step-by-step explanation:
Actual C.P. of watch for dealer = Rs(500+500*10%)
=Rs 550
Required profit = 20%
S.P. = (100+Gain%/100)*C.P.
= (100+20/100)*550
= (120/100*550)
= Rs 660
Discount% = 25%
M.P. = (100*S.P./100-Discount)
= (100*660/100--25)
= (66000/75)
= Rs 880
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