if an item is brought for ₹7500 and transportation charges paid on it are ₹500. find the selling price if there is a profit of 5%
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∵ Total cost price=Rs.700+Rs.50(overhead expenses)
=Rs750
Profit=5% of Rs.750
=Rs.
100
5
×Rs.750=Rs.
2
5×15
=Rs.37.50
Now, S.P=C.P+Profit
=Rs.750+Ts.37.50=Rs.787.50
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