Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

Rajni purchased an LED TV set for ₹22,500 and spent ₹800 on its transportation and ₹1,000 on installation. At what price should she sell it so as to earn an overall profit of 20% ?

Options:

₹29,170

₹29,160

₹29,140

₹29,150

Correct Answer:

₹29,160

Explanation:

The cost price of LED Tv = 22,500 

Other expenses = 800 and 1000

So the final cost price = 22500 + 800 + 1000 = 24300

Profit ( Desired) = 20%

So the SP = 120% of 24300 = ₹29,160