A trader buys some goods for Rs. 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10% ?
A. Rs. 184.80
B. Rs. 185.80
C. Rs. 187.80
D. Rs. 188.80
Answer: Option A
Solution (By Examveda Team)
Total C.P. = Cost + Overhead Expenses= Rs. (150 + 12% of 150)
= Rs. (150 + 18)
= Rs. 168
$$\eqalign{ & \therefore {\text{S}}{\text{.P}}{\text{.}} = {\text{Rs}}{\text{.}}\left( {\frac{{110}}{{100}} \times 168} \right) \cr & = {\text{Rs}}{\text{. }}184.80 \cr} $$
This Question Belongs to Arithmetic Ability >> Profit And Loss
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