Question: T9) The cost of an article was Rs 15,500. Rs 450 were spent on its
repairs. If it is sold for a profit of 15%, find the selling price of the
article
Answers
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Step-by-step explanation:
Point M is the midpoint of segAB if AB=10 then find the length of AM
5.5
5
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Answer:
Cost Price of an article = 15500
Money Spent on Repairs = 450
Profit % = 15%
Step-by-step explanation:
Total Cost Price( CP ):- Cost Price of the article + Money spent on repairs
:- 15500 + 450
:- Rupees 15950.
Profit % = Profit/CP *100
15 = Profit/ 15950*100
15*15950/100 = Profit
23925/10 = Profit
Therefore, Profit = Rupees 2392.5
Profit = SP-CP
2392.5 = SP - 15950
2392.5 + 15950 = SP
Therefore, SP = RUPEES 18342.5
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