Ramesh purchased a refrigerator for Rs. 12500 after getting a discount of 20% on the labelled price. He spent Rs. 125 on transport and Rs. 250 on installation. At what price should it be sold so that the profit earned would be 16% if no discount was offered?  Pick one:
A) 17608  B) 17606  C) 17604  D) 17600  E) 18560

Rationale: price at which the tv set is bought = rs . 12,500 discount offered = 20 % marked price = 12500 * 100 / 80 = rs . 15625 the total amount spent on transport and installation = 125 + 250 = rs . 375 \ total price of tv set = 15625 + 375 = rs . 16000 the price at which the tv should be sold to get a profit of 16 % if no discount was offered = 16000 * 116 / 100 = rs . 18560 . answer : e
Answer: E