Question

A TV WAS SOLD AT 15%PROFIT. IF THE COST PRICE WAS RS 3000 LESS THAN ITS SELLING PRICE. FIND THE SELLING PRICE?

Answer 1

given, profit = 15%.

and cost price = selling price - 3000.

now selling price = c.p × 115/100

also selling price = c.p + 3000

thus c.p + 3000 = c.p×115/100

3000 = c.p×23/20 - c.p

3000= 3c.p /20

c.p = 20000

therefore , s.p = 20000+3000= 23000Rs.