Practicing Success
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% ? |
₹29,170 ₹29,160 ₹29,140 ₹29,150 |
₹29,160 |
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 |