harsh bought a cycle for 8000 rs. he spent 1500 rs on repairs. at what price should he sell the cycle so that he gets a 15% profit?
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Answer:
RS.10,925
Step-by-step explanation:
C.P + Repairing price
= 8000 + 1500 = 9500
profit ℅ = ( Profit / C.P ) × 100
15 = (Profit / 9500) ×100
Profit = rs ( 9500 × 15/100) = RS 1425.
hence, selling price of cycle = C.P +Profit
= Rs (9500+1425)
=Rs 10925
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