Question

A machine costs rs. 1,00,000 for purchase and needs a repair of rs.10, 000 including transportation cost of rs.5000. what is the selling price if the machine has to be sold with 20% profit?

Answer 1

Given : A machine costs rs. 1,00,000 for purchase and needs a repair of rs. 10, 000 including transportation cost of rs. 5000

machine has to be sold with 20% profit

To Find : Selling price

Solution:

machine costs = Rs. 1,00,000

a repair of rs. 10, 000 including transportation cost of rs. 5000

=>  repair  cost including transportation   = Rs 10,000

Total Cost = 1,00,000 +  10,000

= 1,10,000  Rs

20% profit  = (20/100)1,10,000  =  22,000

Selling price  =  1,10,000 + 22,000

=> Selling price  =  1,32,000  Rs

Selling price  =  1,32,000  Rs

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