The cost of an article was ₹ 15500. Then ₹500
were spent on its repair. If it is sold at 25% profit,
find the selling price of the article
Answers
Answered by
2
Answer:
Cost price of article = Rs. 15,500
Cost of repair = Rs. 450
∴ Total cost of article = Rs. (15500+450) = Rs. 15,950
Profit on selling article =15%
∴ Profit (Rs.) =
100
15
×15,950=2392.5
Selling Price = Cost Price + Profit
∴ Selling Price = 15950+2392.5=Rs.18342.5
Answered by
0
Answer:
sp =cp(100+profit% /100)
sp = 15500 +500×100+25/100
sp =16000×125/100
sp =20000
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