Question

3 Farhan bought a printer for 1,680 and spent 120 on its repair. If he earns a profit of 18% on selling the printer, find the selling price.​

Answer 1

Answer:

Rs. 2,124

Step-by-step explanation:

Cost price of the printer = Rs. 1,680

Overhead expenses (extra expenses for the repair) = Rs. 120

∴ Total cost price = Initial cost price + overhead expenses

=> 1680 + 120 = Rs. 1800

profit gained in this transaction = 18% ; find the selling price?

S.P(Selling price) = [{100 + profit %} / 100] × C.P

Substituting, we get

100 + 18/100 × 1800 (cancel common two 0's from 100 and 1800)

=> 100 + 18 × 18 -> 118 × 18

=> Rs. 2,124 = Selling price or S.P

Thanks.