Correct option is D
Given:
Production cost = ₹2,000
Transportation cost = 10% of production cost
Selling price = 15% above the total cost (production + transportation)
Formula used:
Total cost = Production cost + Transportation cost
Selling price = Total cost + 15% of Total cost
Solution:
Transportation cost = 10% × 2000
=> Transportation cost = 0.10 × 2000 = ₹200
Total cost = 2000 + 200 = ₹2,200
Selling price = 2200 + 15% of 2200
=> Selling price = 2200 + 0.15 × 2200
=> Selling price = 2200 + 330 = ₹2,530
∴ The correct answer is option (3).