Question
A supplier provides imported TV'S to a retailer each year. Each TV costs Rs 10000 for the supplier. 5% of the TVs are defective and they are replaced
without extra cost. If the supplier still makes a profit of 20% , what is the SP of each TV to the retailer?
Answer: Option B
:
B
To make calculation simpler, take cost of each TV as 1000
5% defective means, out of every 20, 1 is defective
cost of 20 TVs = Rs. 20000
To make a profit of 20000 = 1.2 × 20000 = 24000
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:
B
To make calculation simpler, take cost of each TV as 1000
5% defective means, out of every 20, 1 is defective
cost of 20 TVs = Rs. 20000
To make a profit of 20000 = 1.2 × 20000 = 24000
Selling 19 TVs at 24000, entails a SP of (2400029)=12600 ( approx)
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