The cost of an article was $R s . 15, 500. R s . 450$ 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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Solution

CP of the article $= R s . 15, 500$
Total CP of the article $= R s . 15, 500 + R s .450 = R s .15, 950$
Profit $% = 15 %$
SP of the article $= \frac{100 + Profit %}{100} \times C P$
$= \frac{100 + 15}{100} \times 15950$
$= \frac{115}{100} \times 15950$
$= R s .18342 .5$

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The cost of an article was Rs.15,500.Rs.450 was spent on its repairs. If it is sold for a profit of 15%, find the selling price of the article.

CP of the article =Rs.15,500Total CP of the article =Rs.15,500+Rs.450=Rs.15,950Profit %=15%SP of the article =100+Profit%100×CP=100+15100×15950=115100×15950=Rs.18342.5

The cost of an article was $R s . 15, 500. R s . 450$ was spent on its repairs. If it is sold for a profit of $15 %$ , find the selling price of the article.

CP of the article $= R s . 15, 500$
Total CP of the article $= R s . 15, 500 + R s .450 = R s .15, 950$
Profit $% = 15 %$
SP of the article $= \frac{100 + Profit %}{100} \times C P$
$= \frac{100 + 15}{100} \times 15950$
$= \frac{115}{100} \times 15950$
$= R s .18342 .5$