A merchant purchase a wrist watch for Rs.1200 and fixes its list price such a way

A merchant purchase a wrist watch for Rs.1200 and fixes its list price such a way that after allowing a discount of 10%, he earns a profit of 20%. The list price of the watch is
(a) Rs.1600
(b) Rs.1200
(c) Rs.1400
(d) Rs.1800

Anurag Mishra Professor Asked on 24th March 2016 in Maths.
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    Answer: (a) Rs. 1600 

    Anurag Mishra Professor Answered on 26th March 2016.
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