Question

Samar purchased a machinery worth Rs. 1,00,000 and spent Rs. 20,000 on its repairs and Rs. 15,000 on its carriage. He decided to sell the machinery at 25% margin on selling price. What will be the expected sale value of machinery?

• A. Rs. 1,25,000
• B. Rs. 1,53,090
• C. Rs. 1,80,000
• D. Rs. 1,33,000

Answer 1

The correct option is C Rs. 1,80,000

Cost of machinery $=Rs.1,00,000+20,000+15,000$
$=Rs.1,35,000$
25% on selling price = $\frac{25}{100-25}$ on cost of machinery
$=25x135000/75=45,000$
$Rs.1,35,000+Rs.45,000=Rs.1,80,000$