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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, he 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?
  • a)
    Rs 539.75
  • b)
    Rs 539.65
  • c)
    Rs 538.75
  • d)
    Rs 538.65
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
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A watch dealer sells watches at Rs 600 per watch. However, he is force...
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A watch dealer sells watches at Rs 600 per watch. However, he is force...
Given: Selling price of watch = Rs 600, First discount = 10%, Second discount = 5%, Sales tax = 5%

To find: Selling price after both discounts and sales tax

Solution:

First discount of 10% means the customer pays 90% of the original price. So, the price after the first discount is:

600 * (90/100) = Rs 540

Second discount of 5% means the customer pays 95% of the price after the first discount. So, the price after both discounts is:

540 * (95/100) = Rs 513

Sales tax of 5% is applied on the net price, which is the price after both discounts. So, the final selling price is:

513 + (5% of 513) = Rs 538.65

Therefore, the customer has to pay Rs 538.65 to buy the watch.

Answer: Option (D) Rs 538.65
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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, he 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?a)Rs 539.75b)Rs 539.65c)Rs 538.75d)Rs 538.65e)None of theseCorrect answer is option 'D'. Can you explain this answer?
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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, he 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?a)Rs 539.75b)Rs 539.65c)Rs 538.75d)Rs 538.65e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about 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, he 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?a)Rs 539.75b)Rs 539.65c)Rs 538.75d)Rs 538.65e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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, he 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?a)Rs 539.75b)Rs 539.65c)Rs 538.75d)Rs 538.65e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
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