A T.V. is sold at 8% gain. Had it been sold for Rs. 2553 less, there would have been loss of 15%. To gain 18% the selling price (in Rs.) of T.V. would be:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 13098.
Let the CP of a TV = 100x
Now according to the question,
108x - 85x = 2553
23x = 2553
x = 111.
To get the gain of 18% the selling price must be 118x.
118x = 118 × 111 = Rs. 13098.