Question

The cost of an article was Rs 15,500. Rs 500 were spent on its repairs. If it is sold for a profit of 12%, find the selling price of the article.​

Answer 1

Answer:

an electronic machine that can store, find and arrange information, calculate amounts and control other machines

Answer 2

Answer:

Given:-

• Cost price of article = Rs.15,500
• Cost of Repairs = Rs.500
• It is sold for profit 12%

Find:-

• Selling price of article??

Solution:-

Total cost of article = 15,500 + 500 = Rs.16,000

⇒ Profit = 12%

${ \sf{Profit(Rs) = \frac{12}{100} \times 16000}}$

${ \sf{Profit(Rs) = \frac{192000}{100} }}$

${ \sf{Profit(Rs) = 1920}}$

So, profit = Rs.1920

Let's find the selling price of article:-

$\boxed{ \sf{Selling  \: Price = Cost Price + Profit}}$

${ \to \sf{Selling Price  = 16000 + 1920}}$

${ \to{ \sf{Selling Price =Rs.17,920}}}$

$\: \:$

Therefore,

• The selling price of Article is Rs.17920