The CP of an articles was 15500 .Rs 450 he spent for repair and he sold at a prfit of 15% Find its sp of the article
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purchase price(initial cost) = 15500rs
additional amount spent = 450
then cost price(total) will be 15500 + 450 = 15950
profit percentage = 15%
profit = cost price * profit percentage = 15950 * 15% = 2392.5
selling price = cost price + profit = 15950 + 2392.5 = 18342.5
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