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 18% if no discount was offered?  Select the correct option:
A) 17608 B) 17606 C) 17604 D) 17600 E) 18880

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 whichthe tv should be sold to get a profit of 18 % if no discount was offered = 16000 * 118 / 100 = rs . 18880 . answer : e"
Answer: E