. A computer was bought for Rs.24650 and Rs.350 was spent on its transportation. At what price should it be sold to have a gain of 16% ?
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A computer was bought for Rs.24650 and Rs.350 was spent on its transportation. At 29000 Rs it sold to be to have a gain of 16%.
Step-by-step explanation:
A computer was bought for Rs.24650 and Rs.350 was spent on its transportation.
So, CP of computer = Rs.24650 + Rs.350 = Rs 25000
gain % = 16%
gain % = gain/CP × 100
Now find SP
SP- CP = gain
So, SP = gain + CP
= 4000 + 25000
SP = 29000 Rs
Hence cost price of computer is 29000 Rs.
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