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:
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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
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