Quant Exam  >  Quant Questions  >  Veena bought a watch costing Rs. 1404 includi... Start Learning for Free
Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?
  • a)
    Rs.108
  • b)
    Rs.104
  • c)
    Rs.112
  • d)
    Rs.120
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Veena bought a watch costing Rs. 1404 including sales tax at 8%. She a...
1.08x = 1404
x = 1300
The reduction of the price of the watch = 104
This question is part of UPSC exam. View all Quant courses
Most Upvoted Answer
Veena bought a watch costing Rs. 1404 including sales tax at 8%. She a...
Community Answer
Veena bought a watch costing Rs. 1404 including sales tax at 8%. She a...
Given:
Cost of watch including tax = Rs. 1404
Sales tax = 8%

To find:
The reduction in the price of the watch so that Veena can save the amount equal to the tax

Solution:
Let the original cost of the watch be x
Then, the sales tax on the watch = 8% of x = 0.08x

According to the question, Veena wants to save an amount equal to the tax.
Therefore,
0.08x = sales tax = Rs. 1404 - x
0.08x + x = Rs. 1404
1.08x = Rs. 1404
x = Rs. 1300 (approx)

Therefore, the original cost of the watch is Rs. 1300
And, the reduction in the price of the watch = original cost - discounted cost
= 1300 - (1404 - 0.08*1300)
= 1300 - 104
= Rs. 1196

Hence, the reduction in the price of the watch is Rs. 104 (Option B)
Explore Courses for Quant exam
Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer? for Quant 2025 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant. Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Veena bought a watch costing Rs. 1404 including sales tax at 8%. She asked the shopkeeper to reduce the price of the watch so that she can save the amount equal to the tax. The reduction of the price of the watch is?a)Rs.108b)Rs.104c)Rs.112d)Rs.120e)None of theseCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Quant tests.
Explore Courses for Quant exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev