Question

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?

Answer 1

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

Answer 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