The cost of an article was Rs 15,500. Rs 450 we're spent on its the repairs. If it is sold for a profit 0f 15% , find the selling price of the article.
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Step-by-step explanation:
Cost price = 15500
Repairs = 450
Actual cost price = 15500 + 450 =15950
Profit % = Profit x 100 / c.p
15 = Profit x 100 / 15950
15x15950/100 = Profit
2392.5 = profit
S.p = C.p + profit
s.p = 15950 + 2392.5 = 18342.5
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