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

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Solution

Customers duty 10% so actual price is $500 + 500 \times \frac{10}{100}$
$= 550 R s$
Let mp = X
discount 25%
$S P = X - \frac{X 25}{100} = \frac{3 X}{4}$
$S P = (100 + 20)$ % of CP
$= \frac{120 \times 550}{100} = 660$
$\frac{3 X}{4} = 660$
$X = 880 R S$

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

Customers duty 10% so actual price is 500+500×10100=550RsLet mp = Xdiscount 25% SP=X−X25100=3X4SP=(100+20) % of CP =120×550100=6603X4=660 X=880RS

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

Customers duty 10% so actual price is $500 + 500 \times \frac{10}{100}$
$= 550 R s$
Let mp = X
discount 25%
$S P = X - \frac{X 25}{100} = \frac{3 X}{4}$
$S P = (100 + 20)$ % of CP
$= \frac{120 \times 550}{100} = 660$
$\frac{3 X}{4} = 660$
$X = 880 R S$