The cost of an article was rupees 20000 and rupees 1400 varsh pant on its repairs if it is sold for a profit of 20% find the selling price of the article
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Total Cost Price = All money spent on it
= Rs 20000 + Rs 1400
= Rs 21400
Now, its sold for 20% profit,
Profit % = 20
Profit = 20% of CP
= 20/100 × 21400
= Rs 4280
SP = CP + Profit
= Rs ( 21400 + 4280 )
= Rs 25,680
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