Question 101

A lady bought an air-conditioner for Rs. 15200 and spent Rs. 300 and Rs. 500 on its transportation and repair, respectively. At what price should she sell it to make a gain of 15 %?

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Solution

The cost price of air conditioner = Rs. 15200
Also, amount on transportation = Rs. 300
Spent amount on repair = Rs. 500
Actual cost price of air conditioner with transportation charge and repair charges
= Rs. 15200 + Rs. 300 + Rs. 500 = Rs. 15500 + Rs. 500 = Rs. 16000
For gain 15 % she should sell it for = 16000 + 16000 $\times \frac{15}{100}$
= 16000 + 160 $\times$ 15 = 16000 + 2400 = Rs 18400

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