Question

Raju has a cycle worth rupees 2200 and spent rupees 50 on its repairs if he wants to sell it at a profit of rupees 220 what should cycle selling price be

Answer 1

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Cost price of the cycle =rs.2200

over head=rs 50

final cost price=cp+oh

=rs.2200+rs.50

=rs.2250

profit should be =rs.220

Now ,

selling price = cost price + profit

= rs.2250+rs.220

=rs.2470

Thus,selling price is rs.2470