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A trader bought a television for Rs. 15000. The price should he sell to get a profit of 20% is _____?
  1. Rs. 16000
  2. Rs. 17000
  3. Rs. 18000
  4. Rs. 20000
Explanation
Cost price = 15000
Profit = 20% of 15000 = 0.2 × 15000 = 3000
Sales price = Cost price + Profit = 15000 + 3000 = 18000

Last verified on 10-03-2026

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