The cost of an article was ₹20000 and₹1400 were spent on its repair .if it is sold for a profit of 20% ,find the selling price of the article
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jivraj18:
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Answered by
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Answer:
Step-by-step explanation:
C.p. of the article = rs 20000
Rs spent = 1400
Total c.p = 20000+1400
= rs 21400
Profit = 20%
Profit = 20% of c.p.
20×21400/100
=4280
S.P.=C.P.+PROFIT
= 21400 + 4280
= RS 25680
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