The cost of an article is ₹15500 and ₹450 is spent on its repair. If the article is sold at a profit of ₹550, then what is the selling price of the article?
[2 marks]

Open in App

Solution

C.P = ₹15500 + ₹450 = ₹15950

Profit = ₹550
[1 mark]

Selling price = CP + profit = 15950 + 550 = ₹16500

[1 mark]

Suggest Corrections

Similar questions

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?

Join BYJU'S Learning Program