Correct Answer - Option 1 : 31250
GIVEN:
By selling a TV at Rs. 25000, a dealer suffers a loss of 12%.
CONCEPT:
Basic concept of Profit and Loss.
FORMULA USED:
SP = CP × [1 – loss]/100
SP = CP × [1 + profit]/100
CALCULATION:
Let the cost price of the TV be x.
Now, by selling at Rs. 25000, a loss of 12% is incurred.
Hence,
(1 – 12/100)x = 25000
⇒ x = 25000/0.88
Now, to make a profit of 10%, he should sell it at (1 + 10/100)x
= 110/100 × (25000/0.88)
= Rs. 31250