Question

Sahil purchased an iron almirah for Rs 5200 and paid Rs 180 for its transportation. He also spent Rs120 and painting and then sold it at a gain of 10%. Find the amount for which he sold the almirah.

Answer 1

Cost of almirah$=$Rs. $5200$

Amount paid for transportation$=$Rs. $180$

Amount paid for painting$=$Rs. $120$

Total amount paid for almirah$=$Rs. $5200+180+120$

$=5200+300$

$=$Rs. $5500$

He sold for $10\%$ gain$=\frac{10}{100}$(cost of almirah)

$=\frac{10}{100}\times 5500$

$=550$.

Amount for which he sold the almirah$=$(cost for almirah)$+$(gain)

$=$Rs. $5500+$Rs. $550$

$=$Rs. $6050$.