Question

A watch dealer pays 10% custom duty on a watch, which costs ₹500 abroad. For how much should he mark it, if he desires to make a profit of 20% after giving a discount of 25% to the buyer.​

Answer 1

$\huge\star\underline\mathfrak\green{Answer:-}$

customers duty 10% so actual price is 500+500*(10/100)= 550rs

let mp = x

discount 25%

sp = x-(x*25/100)

=3x/4

now sp= (100+20)% of cp

= 120%*550

= 660

so 3x/4= 660

x= 880

so he should mark it at 880 rs

Answer 2

Answer:

20% after giving a discount of 25% to the buyer.