Question

The cost of an article was Rs. 15,500. Rs. 4051 spend on its repairs. If it is
sold for a profit of 15%. Find the selling price of the article
​

Answer 1

Answer:

Here, C.P. = Rs.15,500 and Repair cost = Rs.450

Therefore Total Cost Price = 15500 + 450 = Rs.15,950

Let C.P be Rs.100, then S.P. = 100 + 15

= Rs.115

∵ When C.P. is Rs.100, then S.P. = Rs.115

∴ When C.P. is Rs.1, then S.P. = 115÷100

When C.P. is ₹ 15950, then S.P.

=115÷100×15950

= ₹18342.50

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hope it's helpful to you

thnku !!!

Answer 2

Answer:

CP = 15500 + 4051 = 20001

profit = 15%

SP = 100 + 15%/100 × 20001

SP= 23001.15