Question

The cost of an articles was ₹ 15,500 ₹ 450 were spent on its repairs . If it is sold for a profit of 15 % . Find the selling price of the articles.


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Answer 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

Answer 2

Answer:

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