Question

Question No. 13
Marks 41
A furniture mart buys an old sofa set for Rs. 11865 and spent Rs.1840
for its repair work, sold it for Rs.14500.What is the profit made during
the sale?
a. Rs.895
b. Rs. 695
c. Rs.795
d.Rs. 800
Rs.895
Rs800
Rs.795
Rs.695
Selected​

Answer 1

Answer:

Total cost price = Cp + over head expenses

= 11865 + 1840 = ₹ 13705

So = ₹ 14500

Profit = Sp - Cp

= 14500-13705

= ₹795

Therefore, the profit made is ₹795 so c is the correct option

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Answer 2

Answer:

CP= Rs. 11865

Over heads= 1840

Total CP = 11865+1840

              = Rs. 13705

SP = Rs.14500

Profit = 14500- 13705

         = Rs. 795

So.. option c is the answer