The cost price of article was Rs. 8700 . Rs.1100 were spent on its repairs. It is sold at a profit of
8%
Find the selling price of the article
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Answered by
2
Answer:
Rs. 10692
Step-by-step explanation:
CP = Rs. 8700
Repair cost = RS. 1100
Thus, total cost = Rs. (8700 + 1100) => Rs. 9900
Profit = 8%
Now, SP = CP + Profit
=> 9900 + 8% of 9900
=> 9900 + (8/100)9900
=> 9900 + 99*8
=> 9900 + 792 => Rs. 10692 is the SP of this article.
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