Q25 of 70 Page 13

A lady shopkeeper allows her customers 10% discount on the marked price of the goods and still gets a profit of 25%. What is the cost price of a fan for her marked at Rs. 1250

Given,


MP of the fan = Rs.1250


Discount = 10%


So,


Discount =


We know that,


SP = MP – Discount = Rs.(1250 – 125) = Rs.1125


Now,


SP of fan = Rs.1125


Profit = 25%


CP =


The cost price of fan = Rs. 900


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The list price of a refrigerator is Rs. 9700. If a value added tax of 6% is to be charged on it, how much one has to pay to buy the refrigerator?

 2

Vikram bought a watch for Rs. 825. If this amount includes 10% VAT on the list prices. What was the list price of the watch?