Amar bought a TV for ₹16 500/- and sold it at 20% profit. What is his Selling Price (in ₹)?

Options

A. 19,200/-
B. 19,600/-
C. 20,800/-
D. 19,800/-

Answer

To find the Selling Price (SP) of the TV that Amar sold, we can follow these steps:

### Step 1: Identify the Cost Price (CP)
The cost price of the TV is given as:
\[ \text{CP} = ₹16,500 \]

### Step 2: Calculate the Profit Percentage
The profit percentage is given as:
\[ \text{Profit Percentage} = 20\% \]

### Step 3: Calculate the Profit Amount
To find the profit amount, we can use the formula:
\[ \text{Profit} = \left( \frac{\text{Profit Percentage}}{100} \right) \times \text{CP} \]
Substituting the values we have:
\[ \text{Profit} = \left( \frac{20}{100} \right) \times 16,500 \]
\[ \text{Profit} = 0.20 \times 16,500 \]
\[ \text{Profit} = ₹3,300 \]

### Step 4: Calculate the Selling Price (SP)
The selling price can be calculated using the formula:
\[ \text{SP} = \text{CP} + \text{Profit} \]
Substituting the values we have:
\[ \text{SP} = 16,500 + 3,300 \]
\[ \text{SP} = ₹19,800 \]

### Conclusion
Thus, the Selling Price of the TV is:
\[ \text{SP} = ₹19,800 \]

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