Since allowing 20% discount on the marked price of a watch, the value of the watch will be Rs. 2378, to determine, if the VAT of 10% is added, it's marked price, the following calculation must be performed:
1 - 0.2 = 0.8
0.8 x 1.1 = 2378
0.88 = 2378
0.88 = 2378
0.8 = X
0.8 x 2378 / 0.88 = X
1,902.4 / 0.88 = X
2,161.81 = X
0.8 = 2,161.81
1 = X
2,161.81 / 0.8 = X
2,702.27 = X
Therefore, the marked price of the watch is 2,702.27.
