Question

1) Kevin brought a second hand machine worth 15,758 for his factory. He spent 25,400 in maintenance and 595 for the transportation of the machine. If, on selling the machine, he has incurred a loss of 8,750 what was his selling price?​

Answer 1

Answer:

Rs. 33,003

Justification :

Given that ;

Kevin brought a Second hand machine ,

Cost Price ,

C.P = Rs. 15,758

Maintenance = Rs. 25,400

Transportation = Rs. 595

Hence ,

Total Expenditure on machine comes under C.P

So,

C.P = 15,758 + 25,400 + 595

C.P = Rs. 41,753

Also given that,

Loss = 8,750

Formula :

Loss = C.P - S.P

8,750 = 41,753 - S.P

S.P = C.P - Loss

S.P = 41,753 - 8,750

S.P = Rs. 33,003

Hence ,

Selling Price ( S.P ) of Machine = Rs. 33,003

Answer 2

Answer:

Selling price =33,003

I hope it's helpful

Step-by-step explanation:

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