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Cost of article is 15,500. 450 …

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Cost of article is 15,500. 450 were spent on its repair . if it is sold for a profit of 15%, find the selling price of the article
  • 2 answers

Nandini Rajanal 6 years, 5 months ago

18342.5

Gaurav Seth 6 years, 5 months ago

Total cost = Rs 15500 + Rs 450 (Repair expenses)

              = Rs 15950

Profit = 15% of Rs 15950

        =  Rs 

         = Rs

∴   Selling  Price = Rs 15950 + Rs 2392.50

                       = Rs 18342.50

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