The shopkeeper labelled the price of the watch 20% above the the cost price After allowing a discount of 15% on the labelled price, the shopkeeper charges Rs.408 for the watch What was the cost price of the watch?

Choose the most appropriate answer from the options given below·

1. Rs 350
2. Rs 400
3. Rs 450
4. Rs 500

A

1

B

2

C

3

D

4