A Shopkeeper bought a wooden almirah from wholesale Store at 10000. He then paid 500 for transportation and another 250 for finishing and polishing the almirah. If he wants to earn a profit of 15% on this transaction, at what price should he sell the almirah?
Answers
Answered by
1
Step-by-step explanation:
A Shopkeeper bought a wooden almirah from wholesale Store = 10000.
Transportation = 500
Polishing and finishing = 250
Total cost price of wooden almirah= 10000 + 500 + 250
Total cost price of wooden almirah = 10,750
Profit = 15%
Amount of profit = 15/100 × 10750
Profit is 1,612.50
Selling price = Cost price + profit
= 10750 + 1612.5
Ans = 12,362.5
Answered by
1
Answer:
12362 rupees
Step-by-step explanation:
he bought the Almirah for 1000
transport charges 500
polishing 250
total amount spent for Almirah is 10750
15 percent *10750
= (15/100)*10750
= (15*10750)/100
= 161250/100 = 1612.5
therefore 10750+1612.5 = 12462.5
so he should sell the Almirah for 12462.5
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