the cost of the article was rupees 15500 and rupees 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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Cost of the article = Rs. 15500
Cost of repair = Rs. 450
Cost price(CP) of the article = Rs. (15500 + 450) = Rs. 15950
Profit percentage = 15%
Profit amount = 15% of Rs.15950 = Rs. 2392.50
Selling Price = Rs.(15950 + 2392.50) = Rs. 18342.50
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