- Rs. 2920
- Rs. 2480
- Rs. 2680
- Rs. 2860

Option 4 : Rs. 2860

Free

Cell

298864

10 Questions
10 Marks
7 Mins

**GIVEN: **

SP = Rs. 1540 when loss = 30%

**CONCEPT:**

Basic profit and loss concept.

**FORMULA USED:**

SP = CP × (1 - Loss %/100)

SP = CP × (1 + Profit %/100)

**CALCULATION:**

Cost price of TV = 1540/(1 - 30/100)

= 1540/0.7 = Rs. 2200

Hence,

Selling price when profit is 30% = 2200 × (1 + 30/100) = Rs. 2860
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