Ramesh buys an old T.V. set for Rs. 5000 and spent Rs. 500 for its repairing and he wants to sell it at a profit of 25/2% . Find the price at which he should sell the set.
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Answer:
₹6187.5
Step-by-step explanation:
C.P.=₹5000
Money spent on repairing=₹500
Total C.P.=₹5500
Profit %=25/2%=12.5%
S.P.=(100+P)C.P./100
(100+12.5)5500/100
112.5*5500/100
₹6187.5
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