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A trader buys some goods for Rs. 150. If the overhead expenses are 12% of the cost price, then at what price should it be sold to earn 10% profit?
Question

A trader buys some goods for Rs. 150. If the overhead expenses are 12% of the cost price, then at what price should it be sold to earn 10% profit?

A.

184.8

B.

185.2

C.

185.8

D.

188.8

Correct option is A


Overhead expenses = 12% of Rs. 150
150 × 12 / 100 = 18
Total cost price (CP) = Cost price + Overhead expenses
150 + 18 = 168
150+18=168
Selling price (SP) with 10% profit:
168 × 110 / 100 = 168 × 1.1 = 184.8
Thus, the correct answer is 184.8.

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