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Question

Naresh purchased a TV set for Rs. 11250 after getting discount of 10% on the labelled price. He spent Rs. 150 on Transport and Rs. 800 on installation. At what price should it be sold so that the profit earned would have been 15%, if no discount was offered ?

A
Rs. 12937.50
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B
Rs. 14030
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C
Rs. 13450
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D
Rs. 15467.50
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Solution

The correct option is D Rs. 15467.50
Let original price was X.
X10% of X=11250
XX10=11250
9X10=11250
9X=112500
X=12500
Total expenses, =12500+150+800=13450
Selling Price with 15% profit =13450+15% of 13450
13450+15100×13450= Rs. 15467.5

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