Arithmetichard · Past Paper

Find the MP of a watch which is sold for Rs. 1,017 after a 10% discount and 13% VAT.

ARs. 1,000
BRs. 1,100
CRs. 1,200
DRs. 950

✓ Correct Answer: ARs. 1,000

Let MP = x. SP after discount = 0.9x. SP with VAT = 0.9x * 1.13 = 1.017x. 1.017x = 1017 => x = 1000.

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