A tape recorder was bought by ravi for $4000 and he spent $1600on its repairing. If ravi expects to get a profit of 6% on its sale,what should be the selling price?
-by shubham kumar AWM king
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Answer:
$ 5936
Step-by-step explanation:
Let the SP be x.
A.T.Q.
CP = $4000
Repairing = $1600
So, overall CP = $4000 + $1600 = $5600
SP = 106% of CP
=106/100 × 5600
=56×106
=5936
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