the cost pf an article was $ is15500 $ 450were spend on its repairs . if it is sold द कॉस्ट ऑफ एन आर्टिकल वॉइस रुपीस ₹15500 फॉर अंडरस्टैंड ऑन इट्स रिपेयर्स इन इट इज सोल्ड फॉर ए प्रॉफिट आफ 15% फाइंड द सेलिंग प्राइस ऑफ द आर्टिकल
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Answer: Total CP (cost price) = Cost + expenses (repairs in this case)
therefore, total CP= 15500+450=15950
Profit= CP× profit percentage.
given that profit is 15% of CP
Profit = (15/100)×15950 (note that= 15% is equal to 15/100)
=15×159.5
=rupees 2392.50
SP(selling price)= CP+Profit
Therefore, SP = 15950+2492.50= 18342.50
∴ Selling price = ₹18342.50
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