MCQ 11 Mark
A wholesaler buys a computer from a manufacturer for ₹ 40000. He marks the price of the computer 20% above his cost price and sells it to a retailer at a discount of 10% on the marked price. The retailer sells the computer to a consumer at the marked price. If the rate of sales tax (under VAT) is 10% at every stage, then choose the correct answer from the given four options
The marked price of the computer is
The marked price of the computer is
- A₹ 40000
- ✓₹ 48000
- C₹ 50000
- Dnone of these
Answer
View full question & answer→Correct option: B.
₹ 48000
C.R of computer for manufacturer
$
=\text { ₹ } 40000
$
After marking $20 \%$ above the C.R, the price
$
\begin{aligned}
& =\text { ₹ }40000 \times \frac{100+20}{100} \\
& =\text { ₹ }40000 \times \frac{120}{100} \\
& =\text { ₹ } 48000 .
\end{aligned}
$
$
=\text { ₹ } 40000
$
After marking $20 \%$ above the C.R, the price
$
\begin{aligned}
& =\text { ₹ }40000 \times \frac{100+20}{100} \\
& =\text { ₹ }40000 \times \frac{120}{100} \\
& =\text { ₹ } 48000 .
\end{aligned}
$