the cost of an article was rs 15500 and rs 500 was spent on repairing. if it is sold for profit of 15%. The selling price of the article is.
a) rs 16400
b)rs 17400
c)rs 18400
d)rs 19400
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Answer:
the cost of an article was rs 15500 and rs 500 was spent on repairing. if it is sold for profit of 15%. The selling price of the article is.
a) rs 16400
b)rs 17400
c)rs 18400
d)rs 19400
Answered by
1
Step-by-step explanation:
Cost price of article = Rs. 15,500
Cost of repair = Rs. 450
∴ Total cost of article = Rs. (15500+450) = Rs. 15,950
Profit on selling article =15%
∴ Profit (Rs.) =
100
15
×15,950=2392.5
Selling Price = Cost Price + Profit
∴ Selling Price = 15950+2392.5=Rs.18342.5
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