Find the sp. If a profit of 5% is made on a lawn mower bought at rs. 12,600 with rs.450 as transportation charges.
1 answer:
The selling price is rs. 13,702.5
Step-by-step explanation:
The formula of the profit is ⇒ profit = selling price - cost price
- A lawn mower bought at rs. 12,600
- There is rs.450 as transportation charges
- The profit on it is 5%
We need to find its selling price
∵ A lawn mower bought at rs. 12,600
∵ There is rs. 450 as transportation charges
- The find the total cost of it add the buying price and the
transportation charges
∴ The total cost of the lawn mower = 12600 + 450
∴ The total cost of the lawn mower is rs. 13050
∵ The profit on it is 5%
∴ The profit = 5% of the cost price
∴ The profit = 5% × 13050 = × 13050
∴ The profit = 652.5
∴ The profit is rs. 652.5
∵ profit = selling price - cost price
- Substitute the values of the profit and the cost price in the
formula above
∴ 652.5 = selling price - 13050
- Add 13050 to both sides
∴ 13702.5 = selling price
∴ The selling price is rs. 13702.5
The selling price is rs. 13,702.5
Learn more:
You can learn more about the profit in brainly.com/question/11145277
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