MATHEMATICS MIDDLE SCHOOL

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.

Answers

Answer 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 = (5)/(100) × 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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