Question: A retailer marks up the price of a watch by 25% and then offers a discount of 10%. If the cost price is $200, what is the final selling price?
Options:
Correct Answer: $230
Solution:
Marked Price = Cost Price + 25% of Cost Price = 200 + 50 = $250. Discount = 10% of 250 = 25. Selling Price = 250 - 25 = $225.