A9. A person purchases a bed for 18,000 and spends some money on transportation to have it
delivered at home. He then spends an amount of money equal to double the transportation
charges for making some modifications to the bed. He sells the bed at a profit of 10%. If the
price of the bed is 26,000, find the amount of money spent on modification
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Step-by-step explanation:
given:
Initial cost price = 18000rs
transportation charge = T
Modification charge =2xT
Actual cost price= 18000+T+2T
sellingprice = 26000rs
profit 10%
CP X 110/100= SP
CP X 110/100= 26000
CP = 23636.36rs
Actual cost price = 18000+3T = 23636.36
3T = 5636.36
T = 1878.78rs
Modification Charge = 2T = 2x1878.78
Modification Charge= 3757.56rs
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