Question

The cost of the article was Rs. 15500 and Rs. 500 was spent on its repairing. If it is sold for a profit of 15%. Find the selling price of the article.​

Answer 1

Answer:

CP =Rs (15500+500)

=Rs16000

Profit Percentage =15%

SP =(1+p/100) of CP

SP =(1+15/100)*Rs16000

SP =Rs(23/20*16000)

SP =Rs18400

Answer 2

Answer:

$cost \: price \: of \: aticle \: = rs. \:15500 \: \\ cost \: of \: repair \: = rs.450 \\ total \: cost \: of \: article \: = 15\% \: \\ profit \: (rs.) = \frac{15}{100} \times 15950 = 2392.5 \\ selling \: price \: = cost \: price + profit \: \\ selling \: price \: = 15905 + 2392.5 = rs.18342.5$