Question

the cost of an article was rupees 15,500 rupees .450 per spent on its repairs if it is sold for a profit of 15% find the selling price of the article.​

Answer 1

Answer:

Step-by-step explanation:

Cost of an article =₹15,500

Rupees spent on repair =₹450

Profit %=15%

So, total cost price =₹15500+₹450=₹20000

As we know,

Profit %= (c.p/profit *100)

Let profit be p.

15%= 20000/p*100

15%=2000000p

15/100*2000000=p

P=₹300000

Answer 2

Answer:

18342.5

Step-by-step explanation:

profit persantage = profit/cp* 100

15 = profit/15950* 100

15*15950/ 100 = profit

23925/10 = profit

2392.5 = profit

Now, profit = sp - cp

2392.5 = sp - 15950

2392.5 - 15950 = sp

Therefore sp is 18342.5

so the selling price of the article is 18342.5