Question

I buy a t.v for Rs 15,000 and sell it at a profit of 10%. What is it's selling price (s.p.)

Answer 1

Answer:

Step-by-step explanation:

C.P. = Rs 15000

Profit % = 10 %

S.P. = ?

Let S.P. = x

so,

Profit = S.P. - C.P.

         =  x - 15000

Profit % = Profit / C.P. * 100

10 % = ( x - 15000 ) / 15000 * 100

10 = ( x - 15000 ) / 150

by cross multiply we get,

1500 = x - 15000

x = 15000 + 1500

x = 16500 = S.P.

so the required S.P. is Rs 16500

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