The cost of an article was Rs. 12000. Rs. 350 were spent on its repair. It is sold at a profit of 14 %. Find the selling price of the article.
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Answer:
selling price =Rs 14,079
Step-by-step explanation:
cost price = Rs 12,000
total cost price = cost price + repair cost
total cost price = 12,000+ 350 = Rs 12,350
selling price = cost price + profit
selling price= 12,350+(14/100)×12,350
selling price =Rs 14,079
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