Peter purchased a machine for Rs. 80,000
and spent Rs. 5000 on repair and Rs. 1000
on transport and sold it with 25% profit.
At what price did he sell the machine?Peter
Answers
Answered by
14
Machine sold at Rs 107500
Step-by-step explanation:
Peter purchased a machine for Rs. 80,000
Spent on Repair = Rs 5000
Spent on Transport = Rs 1000
Total Cost Price of Machine = 80000 + 5000 + 1000
= Rs 86000
Profit = 25 %
25 % Profit = (25/100) 86000 = Rs 21500
Machine selling Price = 86000 + 21500
= 107500 Rs
Machine sold at Rs 107500
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