A T.V. is sold at 8%gain. Had it been sold for ₹2553 less; there would have been loss of 15%. To gain 18%, the selling price (in ₹) of T.V. would be:
Answer & explanation
Correct answer: option 1
Let the CP of the TV = 100x
SP of the CP at 8% gain = 108x
Loss of 15% means = 85% of CP
New SP = 85x
Now Loss + Profit = 2553 (Given)
23% = 2553
To gain 18% on the CP,
Selling price of TV at 18% gain = 2553 × \(\frac{118}{23}\) = 13098