Question

A retailer bought a used machine for rupees 2500,spent rupees 850 on repairs sold it at a gain of 10%.find it's selling price.

Answer 1

C.P = Rs. (2500 + 800) = Rs. 3300

∴ Profit % ,p= 10 %

⇒ Profit / cost price = p/100

⇒ profit / 3300 = 10 / 100

⇒ Profit = Rs. (10/100)×3300

= 330

Profit = S.P - C.P

∴ S.P = profit + C.P
= 3300 + 330
= Rs. 3630