(4) A computer was bought for 40950 and 750 was spent on its
transportation charges. At what price should it be sold to make a
profit of 1600.
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The steps are attached with my answer.
By the way,
Some important things to be considered on Profit & Loss topic,
SP = Selling Price
CP = Cost Price
When the CP >SP then its loss,
Loss = CP - SP
When the SP>CP then its profit,
Profit = SP - CP
Profit% = (Profit/CP) × 100
Loss% = (Loss/CP) × 100
SP = Profit + CP
CP = Loss + CP
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