RRB NTPC · Question 65
A man buys a refrigerator at Rs. 22,000 and pays an additional Rs. 1,000 for transport and Rs. 2,000 for installation. What should be the selling price to get a profit of 15% on the whole transaction?
Show answer & explanation
Answer: (C) Rs. 28,750
Explanation
Total cost = 22,000 + 1,000 + 2,000 = Rs 25,000. For a 15% profit, SP = 25,000 × 1.15 = Rs 28,750.