Question

An art dealer buys a painting for rupees 135000 and spend 2% of the price of the painting on framing it if then he sells the painting earning 12.5% profit at what price did he sell it​

Answer 1

Answer:

He sells the painting at rs. 154912.5

Step-by-step explanation:

Art dealer buys painting at 135000

Now, he spends 2% of the price on painting.

Thus he spends = 135000 × 0.02 = 2700

So, he spend total amount = 135000 + 2700 = 137700

Also, it is given that he earned 12.5% profit in selling this painting

⇒ He sell at = 137700 × (100 + 12.5)%

⇒  137700 × 1.125 = 154912.5

Thus, He sells the painting at rs. 154912.5

Answer 2

She sells her painting at rupees 154912.5 ...

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