By Selling a TV for Rs. 8500 a person loses 15%. In order to gain of 5%, Selling price of TV should be :
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Rs. 10,500
If by Selling a TV for Rs. 8500 a person loses 15% then 85% of CP = 8500
CP × 85/100 = 8500
CP = 10000
In order to gain of 5%, Selling price of TV should be : 10000 × 105/100
1050000/100 = 10500