Suresh purchased an AC for Rs. 12,500 and spent Rs. 300 on transportation and Rs. 800 on installation. At what price should he sell it to earn an overall profit of 15%?

A 18,920

B 21,240

C 15,640

D 13,800

E None of these

Correct Answer: Option C

From the question,

⇒ Total cost of the AC = (12,500 + 800 + 300)

= Rs. 13,600

For a profit of 15%

⇒ Selling price = Rs. (13600 × 1.15)

= Rs. 15640