A wholesaler buys a computer from a manufacturer for ₹ 40000. He marks the price of the computer 20% above his cost price and sells it to a retailer at a discount of 10% on the marked price. The retailer sells the computer to a consumer at the marked price. If the rate of sales tax (under VAT) is 10% at every stage, then choose the correct answer from the given four options.

#### The marked price of the computer is

(a) ₹ 40000

(b) ₹ 48000

(c) ₹ 50000

(d) none of these

**Solution:**

(b) ₹ 48000

Explanation:

C.R of computer for manufacturer = ₹ 40000

After marking 20% above the C.R, the price

= ₹ 40000 x

= ₹ 40000 x

= ₹ 48000

#### Cost of the computer to the retailer (excluding tax) is

(a) ₹ 36000

(b) ₹ 40000

(c) ₹ 43200

(d) ₹ 47520

**Solution:**

(c) ₹ 43200

Explanation:

Rate of discount = 10%

∴ Sales price after discount

= ₹ 48000 x

= ₹ 48000 x

= ₹ 43200