Q116
A trader buys some goods for Rs. 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10% ?
A.
Rs. 184.80
AnswerB.
Rs. 185.80
C.
Rs. 187.80
D.
Rs. 188.80
Answer: Option A
Solution
Answer: Option A
Solution:
Total C.P. = Cost + Overhead Expenses= Rs. (150 + 12% of 150)
= Rs. (150 + 18)
= Rs. 168