Question

Vivekbhai bought a TV for Rs 16,000. Rs 200 was spent on transportation and labour. For earning 12 % profit, what price should it be sold?

• A. $Rs30,144$
• B. $Rs18,144$
• C. $Rs20,144$
• D. None of these

Answer 1

The correct option is B $Rs18,144$

Vivkebhai bought a TV = 16,000 Rs.
transportation and labor price = 200 Rs.
∴ now C.P = 16,000 + 200 = 16,200 Rs.
for earning 12% profit, Let selling price = X Rs.
X = C.P + 12% of C.P
= 16,200 + (12 × 16,200)/100
= 16,200 + 12 × 162
= 16,200 + 1,944
= 18,144 Rs.
hence, selling price of TV will be 18,144 Rs.