Math, asked by Anandkumar52, 1 year ago

The cost of an article was rs15500. Rs450 were spent on its repairs. If it is sold for a profit of 15% find the selling price of the article

Answers

Answered by suvarn80
5
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Answered by GalaxyLover
3

Answer:

Selling Price = Rs.18342.50

Step-by-step explanation:

Total Cost Price = Cost price + Price for repair

                           = Rs.15,500 + Rs.450

                           = Rs.15,950

Profit = 15% of Cost Price

         = \frac{15}{100} x 15,950

         = 15 x 159.5

         = Rs.2,392.50                                      

Selling Price = Cost Price + Profit

Therefore, Selling Price = Rs.15950 + Rs.2392.50

                                        = Rs.18,342.50

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