Question

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?

Answer 1

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