Question

C) Parbati buys a mobile for Rs 6,300 and sells it to Laxmi at 15% profit. How much

Answer 1

Answer:

Rs. 7245

Step-by-step explanation:

Given parameters:

Cost price  = Rs. 6300

Percentage profit  = 15%

Unknown:

Selling price = ?

Solution:

If profit is made on a trade, the selling price is higher than the cost price.

 Profit  = Selling price  - Cost price

To find the selling price simply;

  Selling price  =( 1 + $\frac{15}{100}$)  x cost price

  Selling price  = 1.15 x 6300  = Rs. 7245