Question

The cost of an article was 15,500.* 450 were spent on its repairs. If it is
sold for a profit of 15%, find the selling price of the article

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Answer 1

Answer:

selling price of an article = Rs 18342.50

Step-by-step explanation:

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Answer 2

$\huge\Large\underline\mathtt\pink{Given :-}$

The cost of an article was 15,500.* 450 were spent on its repairs. If it is sold for a profit of 15%, find the selling price of the article.

$\huge\Large\underline\mathtt\pink{Solution :-}$

➼ C.P of article = ₹ 15,500

➼ Charge of it's repairing = ₹450

➼ New C.P. = ₹ ( 15500 + 450) = ₹ 15950

➼ At profit of 15%, it is sol, so

➼ S.P. = ( 100 + Profit %/100) × C.P.

➼ 115/100 × ₹ 15950

➼ 18342.50

Thus,The required S.P. is ₹ 18342.50.

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