The cost of an article was $15,000. $450 were spent on its repairs. If it is sold for a profit of 15%, Find the selling price of the Article. Show me in step by step and I will also mark you as Brainliest.
Answers
Answered by
2
Cost price of article(CP) = $15,000
Repairs (R) = $450
Total Cost Price (TCP) = CP+R = $15000 + $450 = $15,450
Profit % = 15%
Profit (P) = Profit% * TCP
= (15/100) * 15450 = $2317.50
Selling Price = TCP + P = $15450 + $2317.50 = $17767.50
Repairs (R) = $450
Total Cost Price (TCP) = CP+R = $15000 + $450 = $15,450
Profit % = 15%
Profit (P) = Profit% * TCP
= (15/100) * 15450 = $2317.50
Selling Price = TCP + P = $15450 + $2317.50 = $17767.50
Answered by
0
.......................
Attachments:
Similar questions