Question

After allowing 20percent discount and levying 13percent vat the value of a watch will be rs 904 what is the marked price of watch

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Answer 1

9514 1404 393

Answer:

₹1000

Explanation:

Let m represent the marked price. After the discount, the price is 0.80m. After the tax is added, the price is (0.80m)(1.13). This value is Rs 904, so the marked price is ...

(0.80m)(1.3) = ₹904

m = ₹904/(0.80×1.13) = ₹904/0.904

m ≈ ₹1000

The marked price of the watch is ₹1000.