Naresh purchased a TV set for 11250 after getting discount of 10% on the labelled price, he spent150 on transport and 800 on installation. At what price should it be sold so that the profit earned would be 15%, if no discount was offered ?
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Step-by-step explanation:
naresh purchased a tv set for 11250
discount 10%
=10/100 × 11250
the cost of tv after discount = 1125
after transport charge and installation charge...
1125 + 800 + 150
2075
it would be sold so that the profit earned would be 15% without discount...
cp = (sp×100)/ (100+ profit percentage)
2075 = sp× 100 / 100+ 15%
2075 = sp × 100 / 105
2075 × 105 = sp × 100
217,875 = sp × 100
sp = 217, 875 / 100
sp = ¥ 2,178.75
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