The cost of an article is ₹ 15500 and ₹ 450 is spent for its repair. If the article is sold at a profit of 15% , then what is the selling price?

₹ 14682

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₹ 15342.5

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₹ 18000

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₹ 18342.5

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Solution

The correct option is D
₹ 18342.5

C.P = ₹ (15500 + 450) = ₹ 15950

∴ Profit % = 15 %

⇒ $\frac{P r o f i t}{C o s t P r i c e}$ = $\frac{P r o f i t %}{100}$

⇒ $\frac{P r o f i t}{15950}$ = $\frac{15}{100}$

⇒ Profit = ₹ 2392.5

Profit = S.P - C.P

S.P = Profit + C.P

S.P = ₹ 2392.5 + ₹ 15950

∴ S.P = ₹ 18342.5

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The cost of an article is Rs.15500 and Rs. 450 is spent for its repair. If the article is sold at a profit of 15% , then what is the selling price?

The cost of an article is $Rs. 15500$ and $Rs. 450$ is spent in its repairing. If the article is sold at a profit of $15$ , then what is the selling price?

Q. The cost of an article was Rs.

15500

. Rs.

450

was spent on its repairs. If it is sold for a profit of

15 %

, find the selling price of the article.

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The cost of an article is ₹ 15500 and ₹ 450 is spent for its repair. If the article is sold at a profit of 15% , then what is the selling price?

The correct option is D ₹ 18342.5 C.P = ₹ (15500 + 450) = ₹ 15950 ∴ Profit % = 15 % ⇒ ProfitCostPrice = Profit %100 ⇒ Profit15950 = 15100 ⇒ Profit = ₹ 2392.5 Profit = S.P - C.P S.P = Profit + C.P S.P = ₹ 2392.5 + ₹ 15950 ∴ S.P = ₹ 18342.5