A merchant purchases a smartwatch for ₹1,800 and fixes its list price in such a way that, after allowing a discount of 10\% , he earns a profit of 22\ - Quantitative Aptitude MCQ Competitive Exam 2026 | ExamTest.live

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A merchant purchases a smartwatch for ₹1,800 and fixes its list price in such a way that, after allowing a discount of 10%, he earns a profit of 22% . The list price of the smartwatch (in ₹) is:

Solution & Step-by-step Explanation

We use the direct relation between Cost Price (CP) and Marked Price / List Price (MP): \frac{MP}{CP} = \frac{100 + Profit %}{100 - Discount %} Given: CP = ₹ 1, 800 Discount % = 10% Profit % = 22% Substitute the values: \frac{MP}{1800} = \frac{100 + 22}{100 - 10} \frac{MP}{1800} = \frac{122}{90} Solving for MP : MP = \frac{122}{90} \times 1800 MP = 122 \times 20 = ₹ 2, 520

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A merchant purchases a smartwatch for ₹1,800 and fixes its list price in such a way that, after allowing a discount of 10%, he earns a profit of 22% . The list price of the smartwatch (in ₹) is:

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