Sahil purchased a machine at Rs 10000, then got it repaired at Rs 5000, then gave its transportation charges Rs 1000. Then he sold it with 50% of profit. At what price he actually sold it?
Question
Sahil purchased a machine at Rs 10000, then got it repaired at Rs 5000, then gave its transportation charges Rs 1000. Then he sold it with 50% of profit. At what price he actually sold it?
Solution
Sure, here is the step by step solution:
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First, calculate the total cost of the machine. This includes the purchase price, repair costs, and transportation charges.
Total cost = Purchase price + Repair cost + Transportation charges Total cost = Rs 10000 + Rs 5000 + Rs 1000 = Rs 16000
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Sahil sold the machine at a 50% profit. This means he sold it for 50% more than the total cost.
Profit = 50% of Total cost Profit = 50/100 * Rs 16000 = Rs 8000
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To find the selling price, add the profit to the total cost.
Selling price = Total cost + Profit Selling price = Rs 16000 + Rs 8000 = Rs 24000
So, Sahil sold the machine for Rs 24000.
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