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Naresh purchased a TV set for Rs.11,250 after getting discount of 10% on the labeled price. He spent Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned would have been 15% if no discount was offered?

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1 Answer

  1. Correct Answer: Rs.15,467.50

    Β 

    Total cost of the TV set = Rs. (11250+150+800)

    Β 

    = Rs.12200

    Β 

    Therefore, Required SP

    Β 

    = Rs. (12200Γ—115100)

    Β 

    = Rs.14030

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