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 (…

Question

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:

1. A. 11100
2. B. 13098 (Correct answer)
3. C. 15000
4. D. 9102

Correct Answer

Option B — 13098

Detailed Solution & Explanation

The correct answer is 13098.

Key Points

• Let CP = x. SP at 8% gain = 1.08x; at 15% loss = 0.85x.
• Difference = 0.23x = 2553 -> x = 11100.
• SP at 18% gain = 1.18 x 11100 = 13098.