1. Mrunal bought 15 washing machines at 9500 each and spent * 2500 on transport. For how much should he sell each washing machine in order to make a profit of 35000?
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Answer:
Given, the Cost Price of the washing machine = ₹9500
Repairing Cost = ₹500
Now, the total Cost Price = C.P. + Repairing Cost
= 9500 + 500
= ₹10000
Profit% = 10%
We know that,
Profit
%
=
S
.
P
−
C
.
P
C
.
P
×
100
10
=
S
.
P
−
10000
10000
×
100
S
.
P
−
10000
=
10
×
10000
100
S
.
P
−
10000
=
1000
S
.
P
=
10000
+
1000
=
11000
∴
Selling price of the washing machine is ₹11000.
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