Question: A shopkeeper allows a discount of 10% on the marked price of an item but charges a sales tax of 8% on the discount price. If the customer pays Rs. 680.40 as the price including the sales tax, what is the marked price of the item ?
A
B
C
D
Rs. 630
B
Rs. 700
C
Rs. 780
D
None
Note: Let M.P = x Then,
`90/(100) x + 8/(100) xx (90 x)/(100)`
`= 680.40 => x = 700