Question

Find selling price.if a profit of 10 percent is made on a refigerator bought at rs.11500 with rs 500 as transportation charges

Answer 1

Cost price of refrigerator =Rs.12000

Selling price of refrigerator =Rs.13500

Therefore,

Profit = Selling price − Cost price

∴ Profit =13500−12000=Rs.1500

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Answer 2

Answer:

13,200 rupees is the selling price of the refrigerator

Step-by-step explanation:

the actual cost of refrigerator=11,500 rs

transportation charges=500 rs

total expenditure on refrigerator=11500+500

=12,000 rs

if we want 10% profit by selling the refrigerator

profit=(10/100)×total cost price

=(10/100)×12,000

=1200 rs

selling price=cost of refrigerator + profit

selling price=12,000+1200=13,200 rs