Zia bought an out of order clock for RS 750 and go it repaired for RS 425. What should be the selling price of the clock if Zia wants to earn 25% profit?
Answers
Answered by
6
Answer:
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Step-by-step explanation:
Buying Price of clock = Rs 750
Reparing Cost = Rs 420
Total Cost Price = Buying + Repairing cost
= Rs 750 + 420
= Rs 1170
Profit = 25%
Profit, P = 25% of 1170
P = ( 25 / 100 ) × 1170
P = 0.25 × 1170
P = Rs 292.5
Selling Price, S.P = CP + P
= 1170 + 292.5
= Rs 1462.5
Answered by
2
Answer:
1468.75
Step-by-step explanation:
The buying price of the clock = Rs.750
Repairing cost = Rs.425
Profit = 25%
Total cost price = 750 + 425
Total cost price = 1175
Profit = 25% x 1175
Profit = 25 x 1175 / 100
Profit = 29375 / 100
Profit = 293.75
Selling price = 1175 + 293.75
Selling price = 1468.75
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