Profit and loss · EPFO APFC · Question 28 of 30

Profit and loss – Question 28

Step-by-step solution. Profit and loss for EPFO APFC.

Topic
Profit and loss
Subject
Mathematics
Difficulty
Medium
Solve Time
45–60 sec

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Q · Profit and lossMedium · 45s

A watch dealer sells watches at Rs. 600 per watch. However, he is forced to give two successive discounts of 10% and 5% respectively. However, it recovers the sales tax on the net sale price from the customer at 5% of the net price. What price does a customer have to pay him to buy the watch?

TopicProfit and loss
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

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Solution illustration 1
Final Answer: Option D — Rs. 538.65
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Profit and loss Question 28 – EPFO APFC