The cost of an article Was 15500 .Rs450 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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given ,
Price of article = 15500
money spent on repairs = 450
Total CP = (15500+450) = 15950
Gain % = 15%
SP = CP × ( 100+gain%)/100
=> 15950×115/100
=> 18342.5
SP = 18,342.5
Price of article = 15500
money spent on repairs = 450
Total CP = (15500+450) = 15950
Gain % = 15%
SP = CP × ( 100+gain%)/100
=> 15950×115/100
=> 18342.5
SP = 18,342.5
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