The cost of an article is ₹ 15500 and ₹ 450 is spent on its repair. If the article is sold at a profit of 15 %, then what is the selling price?
18342.5
C.P = ₹ (15500 + 450) = ₹ 15950
∴ Profit % = 15 %
⇒ ProfitCost Price = P100
⇒ Profit15950 = 15100
⇒ Profit = ₹ 2392.5
Profit = S.P - C.P
∴ S.P = ₹ 18342.5