the cost of an article was Rs 15,500rs450 were spent on tis repairs. if it is sold for a portion of, 15%find the selling price of the article.
Answers
Answer:
18342.5
Step-by-step explanation:
Given,
the cost of an article was Rs 15,500
CP=15500
450 were spent on tis repairs.
total price=15500+450
=15950
if it is sold for a profit of 15% find the selling price of the article.
CP=100%
Profit=SP-CP
SP=15+100
SP=115%
100%=15950
115%=18342.5
➤ Correct Question :-
The cost of an article was Rs.15,500 and Rs.450 were spent on tis repairs. If it is sold for a profit of 15%. Find the selling price of the article.
➤ To Find :-
Selling price of the article...
➤ Formula required :-
★ How to do :-
Here, we are given that an article is bought at some cost. Due to it's damages some cost had been spent to it's repairs. Later, it had been sold at some profit. We should find the selling price at which the article is sold. The cost price is ₹15500 and the cost spent on it's repairs is ₹450. Later, it's sold by gaining a profit percentage of 15%. We can find the solution by using the given formula. But before finding the selling price, we should find the actual cost price of the same article. We should find the cost price of that article by adding the given cost price and the cost spent on it's repairs. Later, we can find the cost price by using the given formula. So, let's solve!!
➤ Solution :-
Actual cost price :-
Now,
Selling price of the article :-
The selling price of that article is ₹18342.5.
━━━━━━━━━━━━━━━━━━━━━━