A watch dealer pays 10% customs duty on a watch which costs

A watch dealer pays 10% customs duty on a watch which costs Rs. 500 abroad. He desires to make a profit of 20% after giving a discount of 25% to the buyer.The marked price should be

Let the marked price of watch be Rs. y.
Actual C.P. of watch = 110% of 500

Actual C.P. of watch = Rs.		500 × 110		= Rs. 550
		100

According to the question,

y ×	75	=	550 × 120
	100		100

⇒ y =	550 × 120	= Rs. 880
	75