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.​

Answer 1

Answer:

₹18342.59

Step-by-step explanation:

CP = ₹15500

Repair charges = ₹450

Total CP = ₹15500+450= ₹15950

Profit = 15%

SP = CP + Profit = 15950 + 15/100 × 15950= ₹18342.50

Answer 2

Given that

• Cost price (CP) of An article=₹ 15,500
• ₹ 450 were spent on its repairs.
• Profile%=15%

To Find

• Selling Price (SP) of An Article

Formula Used

$\boxed{ \bf{ \pink{SP= \left[ \dfrac{100+Profit\%}{100}\right] \times CP}}}$

Solution

Cost price(CP) of An article is ₹ 15,500 and ₹ 450 were spent on its repairs.

Total Cost Price(CP)= ₹ 15,500+₹ 450

Total Cost Price(CP)= ₹ 15950

Profit % = 15%

Putting The Value Of Cost Price and Profit In Formula

$→\sf \: SP= \left[ \dfrac{100+15}{100}\right] \times 15950$

$→\sf \: SP= \dfrac{115}{100}\times 15950$

$→\sf \: SP= 1.15 \times 15950$

$~~~~\sf \: SP= ₹ 18342.5$

$\: \: \: \: \: \underline{ \boxed{ \: \: \: \pink{\bf \: The \: Selling \: Pric e \: Of \: The \: Article= Rs. 18342.5}}}$