the marked price should be
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Given
Cost =500
Customer duty =10%
Customer duty =500x10/100=50
Total cp=550
Now he wants to earn the profit of 20% then
Sp=cpx (100+profit %) /100
Sp=550(100+20)/100
Sp=550x120/100
Sp=55x12
Sp=₹660
If he sold the watch at this Sp after allowing 25% discount then Mrp
Mrp= spx100/(100-discount %)
Mrp=660x100/(100-25)
Mrp=660x100/75
Mrp=₹880
This is ur ans hope it will help you in case of any doubt comment below
Cost =500
Customer duty =10%
Customer duty =500x10/100=50
Total cp=550
Now he wants to earn the profit of 20% then
Sp=cpx (100+profit %) /100
Sp=550(100+20)/100
Sp=550x120/100
Sp=55x12
Sp=₹660
If he sold the watch at this Sp after allowing 25% discount then Mrp
Mrp= spx100/(100-discount %)
Mrp=660x100/(100-25)
Mrp=660x100/75
Mrp=₹880
This is ur ans hope it will help you in case of any doubt comment below
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