ABC26GN2597 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: 2009 · Marks: · Difficulty:

Mohanlal purchased a TV set for ₹ 12500 and spent ₹ 300 on transportation and ₹ 800 on installation. At what price should he sell it so as to earn an overall profit of 15\%?

(a)₹ 14375

(b)₹ 14560

(c)₹ 15375

(d)₹ 15460

(e)None of these

Answer

Answer (as printed): E

Explanation

Total C.P. $=₹(12500+300+800)=₹ 13600$. Profit $=15 \%$. $$\text { ∴ S.P. }=₹\left(\frac{115}{100} \times 13600\right)=₹ 15640 .$$

Explanation as extracted from the printed page; notation may be imperfect.

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