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Discussion :: Profit and Loss

  1. Ramesh purchased a refrigerator for Rs. 12500 after getting a discount of 20% on the labelled price. He spent Rs. 125 on transport and Rs. 250 on installation. At what price should it be sold so that the profit earned would be 10% if no discount was offered?
    2. A.
    Rs. 16500
    B.
    Rs. 15525
    C.
    Rs. 17000
    D.
    Rs. 17600
    E.
    None of these

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    Answer : Option D

    Explanation :

    Price at which the TV set is bought = Rs. 12,500

    Discount offered = 20%

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