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To earn a 12% profit, a shopkeeper sells a television for ₹22,400. What should be the selling price (in ₹) of the television if he wants a double prof
Question

To earn a 12% profit, a shopkeeper sells a television for ₹22,400. What should be the selling price (in ₹) of the television if he wants a double profit?

A.

24,000

B.

24,800

C.

24,600

D.

25,000

Correct option is B

Given: 
For Selling Price, SP = ₹ 22400
Profit = 12%
Formula Used: 
Selling Price = (100+Profit)100×CostPrice\frac {(100 + Profit)}{100} \times Cost Price 
Solution: 

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