Robert bought a machine for $1200 and sold it at a profit of 15%. Find the selling price of the machine.
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Answered by
9
Answer:
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Step-by-step explanation:
Given cost price of the machine = $1200
Profit% = 15%
We know, selling price = (100 + profit%)cost price/100
= (100 + 15)1200/100
= (115)1200/100
= 115 × 1200/100
= $1380
Therefore, the selling price of the machine is $1380.
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Answered by
2
Step-by-step explanation:
Cp = 1200
profit = 15%
Sp = x
Sp = (100+profit%/100)× cp
Sp = (100+15)/100 × 1200
Sp = 115/100 × 1200
Sp = 1.15 × 1200
Sp = 1380 Rs
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