Let the cost price of the computer be \( C \).
Suman made a profit of 14%, so the selling price is given by:
\[ \text{Selling Price} = C + 0.14C = 1.14C \]
The selling price is given as Rs. 22,116, so:
\[ 1.14C = 22,116 \]
Dividing both sides by 1.14:
\[ C = \frac{22,116}{1.14} \]
\[ C = 19,400 \]
Thus, the price at which Suman bought the computer is Rs. 19,400. The correct answer is (A) 19,400.
List-I | List-II |
---|---|
(A) Confidence level | (I) Percentage of all possible samples that can be expected to include the true population parameter |
(B) Significance level | (III) The probability of making a wrong decision when the null hypothesis is true |
(C) Confidence interval | (II) Range that could be expected to contain the population parameter of interest |
(D) Standard error | (IV) The standard deviation of the sampling distribution of a statistic |