the cost of an article was 15500.450 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:
The selling price of the article is 18,342.5.
Step-by-step explanation:
sum of cost price and repairs=15500+450
=15950
now 15% profit was made we have to find amount of profit=15950*15%
=15950*0.15
=2392.5
selling price will be=15950+2392.5
=18,342.5
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