The cost price of the article is Rs. 12,500 .
Rs. 300 was spent on its repair , which counts as an overhead price .
Now, the total expense on the article -
> Rs. 15,500 .
Now, the article was sold at a profit of 10%.
Therefore , selling price -
> 110% of 15,500
> 110/100 × 15500
> 110 × 155
> 17050.
Answer - The selling price of the article is Rs. 17050 .
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Additional Information -
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Hence, The selling price of The Article is ₹12200.
Solution :
The cost price of the article is Rs. 12,500 .
Rs. 300 was spent on its repair , which counts as an overhead price .
Now, the total expense on the article -
> Rs. 15,500 .
Now, the article was sold at a profit of 10%.
Therefore , selling price -
> 110% of 15,500
> 110/100 × 15500
> 110 × 155
> 17050.
Answer - The selling price of the article is Rs. 17050 .
_________________________________________
Additional Information -
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