Profit & Loss Mcqs

Q.  Rahat 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?

a. Rs. 16500
b. Rs. 15525
c. Rs. 17000
d. Rs. 17600
e. None of these


ANSWER: See Answer
 
Price at which the TV set is bought = Rs. 12,500

Discount offered = 20%
Marked Price = 12500 * 100/80 = Rs. 15625
The total amount spent on transport and installation = 125 + 250 = Rs. 375Total price of TV set = 15625 + 375 = Rs. 16000
The price at which the TV should be sold to get a profit of 10% if no discount was offered = 16000 * 110/100 = Rs. 17600
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