A man boys a refrigerator at Rs. 22, 000 and pays an additional Rs. 1,000 for transport and Rs. 2,000 for installation .What should be the selling price to get a profit of `15%` on the whole transaction ?

Options

A. Rs. 27,250
B. Rs. 28,500
C. Rs. 28,750
D. Rs. 29 ,200

Answer

To find the selling price of the refrigerator that will yield a profit of 15% on the total transaction, we can follow these steps:

### Step 1: Calculate the Total Cost Price
The total cost price (CP) includes the price of the refrigerator, transport charges, and installation charges.

- Cost of the refrigerator = Rs. 22,000
- Transport charges = Rs. 1,000
- Installation charges = Rs. 2,000

**Total Cost Price (CP) = Cost of refrigerator + Transport charges + Installation charges**
\[ CP = 22000 + 1000 + 2000 = 25000 \]

### Step 2: Calculate the Desired Profit
To find the selling price (SP) for a profit of 15%, we first need to calculate the profit amount.

**Profit = 15% of Total Cost Price**
\[ \text{Profit} = \frac{15}{100} \times CP = \frac{15}{100} \times 25000 = 3750 \]

### Step 3: Calculate the Selling Price
Now, we can find the selling price by adding the profit to the total cost price.

**Selling Price (SP) = Total Cost Price + Profit**
\[ SP = CP + \text{Profit} = 25000 + 3750 = 28750 \]

### Final Answer
The selling price to achieve a profit of 15% on the whole transaction should be Rs. 28,750.

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