Multiple choice

What is the selling price of the T.V. set if no discount is offered? I. Profit earned was 20%. II. Had 10% discount been offered on the selling price, the profit would have been Rs. 1200. III. Cost price is Rs. 15000.

  1. Any two of the three

  2. Only I & II

  3. Only I & III

  4. Only II & III

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

To find the selling price, we can use any two statements: I and III give SP = 120% of CP = ₹18,000. I and II together don't work without CP. II and III also work: if 10% discount leaves ₹1200 profit, then 0.9×SP - 15000 = 1200, giving SP = ₹18,000. Since any two of the three statements can solve it, option A is correct.