Question

A tape recorder was bought by Ravi for 1675rs and he repaired it by spending 825rs if Ravi expects to get a profit of 8% on his sale ,what should be the selling price?

Answer 1

cp of tape recorder = rs 1675
expences = rs 825
total cp = 1675+825
=>rs 2500
profit =8%
sp=2500×8/100
=>25×8
=>200 rs
selling price should be = 2500+200
=>2700rs


hope it helps
thanks