A white goods dealer pays 10 % custom duty on | vedclass

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Question

(C) The cost price $(CP)$ of the iPhone to the dealer,including the $10 \%$ custom duty,is:$CP = 25000 + (10 \% 	ext{ of } 25000) = 25000 + 2500 = Rs

Vedclass · Accepted Answer

$44000$

Vedclass · Answer

(C) The cost price $(CP)$ of the iPhone to the dealer,including the $10 \%$ custom duty,is:$CP = 25000 + (10 \% 	ext{ of } 25000) = 25000 + 2500 = Rs. 27500$.To earn a profit of $20 \%$,the required selling price $(SP)$ is:$SP = CP 	imes (1 + 	ext{Profit } \%) = 27500 	imes 1.20 = Rs. 33000$.Let the marked price be $MP$. The dealer offers a discount of $25 \%$,so the selling price is $75 \%$ of the marked price:$SP = MP 	imes (1 - 0.25) = 0.75 	imes MP$.Equating the selling price:$0.75 	imes MP = 33000$.$MP = \frac{33000}{0.75} = Rs. 44000$.

$A$ white goods dealer pays $10 \%$ custom duty on an iPhone that costs $Rs. 25000$ in $UK$. For how much should he mark it,if he desires to make a profit of $20 \%$ after giving a discount of $25 \%$ to the buyer? (in $Rs$)

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