Question

The cost of a television set is ₹24000. If the television set is sold at a profit of 15%, then find its selling price.

Answer 1

SOLUTION

GIVEN

• The cost of a television set is ₹24000.

• The television set is sold at a profit of 15%,

TO DETERMINE

The selling price.

EVALUATION

The cost of a television set is ₹24000.

Now the television set is sold at a profit of 15%,

So profit

$\displaystyle \sf{ = 24000 \times \frac{15}{100} }$

$\displaystyle \sf{ = 240 \times 15 }$

$= 3600$

So the selling price

= ₹ ( 24000 + 3600 )

= ₹ 27600

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