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%. The selling price of the article is:

Answer 1

Answer:

Rs.16,800

Step-by-step explanation:

Total cost of the articls = 15500+500 = Rs. 16000

Profit% = 15%

S.P. = CP + CP×15/100

= 16000(1+R/100) = 16000 ×(105/100)

= Rs. 160 × 105 = Rs.16,800