Management Aptitude Test Sep 2020 Paper

Question : 89 of 200

Marks: +1, -0

A shopkeeper allows a discount of

10 \%

on the marked price of an item but charges a sales tax of

8 \%

on the discounted price. If the customer pays ₹

680.40

as the price including the sales tax, then what is the marked price of the item?

Solution:

Let the marked price on item = ₹ 100
Discount allowed

=10 \%=\₹ 10

∴

Discounted price of item

=100-10=∓ 90

∴

Total paid amount

=90+7.20=

₹

97.20

when ₹

680.40

is paid, then the marked price

=₹ \;{100}/{97.20} × 680.40=₹ \;{100× 6804}/{972}=₹ 700

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