Question

A shopkeeper purchased television set for rupees 5000 and spent rs 500 0n repairing it now if he want to sell it with 5% profit then what should be the selling price​

Answer 1

Required Answer

shopkeeper had purchased for 5000 spent 500

5%

Total cost =

5000 + 500 = 5500

5% of cost = 275 ,

(assuming he dont have to spend anything for transport etc since it is not given as part of the question)

So in order to make 5% profit,

the shopkeeper need to sell it for 5775 Rs.