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A trader buys some goods for ₹ 150. If the overhead expenses be 12% of the cost price, at what price should it be sold to earn 10% ?
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- ₹ 184.80
- ₹ 185.80
- ₹ 187.8
- ₹ 188.80
Correct Option: A
Total CP = (CP + Overhead expenses)
= 150 + 12% of 150
= 150 + (12/100) x 150 = ₹ 168
Given that, gain = 10%
∴ SP = (110/100) x 168 = ₹ 184.80
