A CD player was purchased for rupees 3200 and rupees 560 was spent on its repair it was then sold at a gain of 12%. How much did the seller receive
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Selling price = 4,211.2 rupees
he / she get the profit of 451.2 rupees
Step-by-step explanation:
Given
CD player was purchased for rupees 3200
560 rupees was spent on its repair
After sold the CD player he / she got 12% profit
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To find the selling price of CD player
Selling price = (100 + profit%)cost price/100
To find the the selling price we need to add both amount first
= 3200 + 560
= 3760 rupees
Cost price = 3760 rupees
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Selling price = (100 + profit%) × cost price/100
Selling price = (100 + 12%) × 3760 / 100
Selling price = 112 × 37.6
Selling price = 4,211.2
Selling price = 4,211.2 rupees
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To find the profit rupees
= Selling price - Cost price
= 4211.2 - 3760
= 451.2
= 451.2 rupees
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