Question

Allowing 20% discount on the marked price. of 아 a watch, the value of the watch will be Rs. 2378. If the VAT of 10% is added, find it's M.P.​

Answer 1

The marked price of the watch is $2,702.27.

Explanation:

Since allowing 20% discount on the marked price of a watch, the value of the watch will be Rs. 2378, to determine, if the VAT of 10% is added, it's marked price, the following calculation must be performed:

1 - 0.2 = 0.8

0.8 x 1.1 = 2378

0.88 = 2378

0.88 = 2378

0.8 = X

0.8 x 2378 / 0.88 = X

1,902.4 / 0.88 = X

2,161.81 = X

0.8 = 2,161.81

1 = X

2,161.81 / 0.8 = X

2,702.27 = X

Therefore, the marked price of the watch is 2,702.27.