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Question

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?


A

14682

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B

15342.5

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C

18000

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D

18342.5

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Solution

The correct option is D

18342.5


C.P=Rs.(15500+450)=Rs.15950
Profit%=15%
ProfitCostPrice =P100
Profit15950=15100
Profit=Rs.2392.5
Profit=S.PC.P
S.P=Rs.18342.5


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