Question

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

विकल्प

• ₹40000

•  ₹48000

• ₹50000

• none of these

Answer 1

C.R of computer for manufacturer
= ₹40000
After marking 20% above the C.R, the price

= ₹40000 x `(100 + 20)/(100)`

= ₹40000 x `(120)/(100)`
= ₹48000 .