Question

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

Answer 1

Answer:

Step-by-step explanation:

sp =100+profit%÷100×cp

cp=1675+825(as we add any extra charge on object which is to sell)

cp=2,500

given,

cp = 2,500 profit%=8%

SI = 100+gain%÷100×cp

SI= 100+8÷100×2,500

SI= 108÷100 ×2,500

SI= 2,700