Question

Vivekbhai bought a TV for ₹ 16,000. ₹ 200 was spent on transportation and labour. For earning 12 % profit, what price should it be sold?

Answer 1

18, 144 will be the answer

Answer 2

Answer:

For earning 12 % profit , TV should be sold at Rs 18144

Step-by-step explanation:

Vivekbhai bought a TV for ₹ 16,000. ₹ 200 was spent on transportation and labour.

Cost Price of TV  = Rs 16000

Transportation & Labour cost = Rs 200

Effective cost price of TV = 16000 + 200 = Rs 16200

Profit = (profit % /100) * Cost Price

12 % Profit = (12/100) * 16200 = RS 1944

Selling Price = Cost Price + Profit

=>Selling Price  = 16200 + 1944 = Rs 18144

TV should be sold at Rs 18144