A machine was bought for rs 1500 and a repairing charge of rs 100 was paid afterwards. At what price should it be sold to gain a profit of 25%
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Answer:
it should be sold at 2000 rupees to get profit of 25%
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Answer:
Total cost price of machine, CP =1500+100=1600
Increase =25%
Selling Price =(100+increase %)CP/100
S.P= 100+25*1600/100
S. P=125*16
S, P. =2000
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