Question

The cost of an article was Rs 15,550. Rs 450 were spent on its repairs. If is sold for a profit of 15 % , what will be the selling price of the article ? *


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Answer 1

Answer:

The selling price is Rs 18,342.50

Step-by-step explanation:

Given,

Cost price of an article = Rs 15,550

Money spent on repairs = Rs 450

Profit percent = 15%

Total cost price (CP) = Cost price of article + Money spent on repairs

                                  = 15,550 + 450

                                  = Rs 15,950

Profit percentage = (Profit/CP) × 100

                         15 = (Profit/15,950) × 100

                    Profit = (15 × 15,950)/100

                              = (15 × 1595)/10

                              = 23,925/10

                              = Rs 2392.5

  Profit = SP - CP

2392.5 = SP - 15,950

       SP = 2392.5 + 15950

    ∴ SP = Rs 18,342.5

Answer 2

Answer:

cσѕt σf αrtíclє = rѕ. 15,500

cσѕt σf rєpαír = rѕ. 450

∴ tσtαl cσѕt σf αrtíclє = rѕ. (15500+450) = rs. 15,950

prσfít σn ѕєllíng αrtíclєѕ = 15%

$∴ prσfít (rѕ) = \: \frac{15}{100} \times 15,950 \: 2392.5$

ѕєllíng prícє = cσѕt prícє + prσfít

∴ѕєllíng prícє = 15950 + 2392.5= rs. 18342.5...

hσpє ít hєlpѕ uh...❤