An article was bought for 1000 and 100 was spent on its repairs, find the selling price if he
gained 15% on the transaction.
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Answer:
CP of article=1000
Money spent on repair=100
Total= 1000+100 = 1100
SP=
\frac{100 + profit\%}{100} \times cp
100
100+profit%
×cp
\frac{115}{100} \times 1100 = 1265
100
115
×1100=1265
..
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