Peter purchased a machine for Rs. 80000 and s | vedclass

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Question

(C) The total cost price of the machine includes the purchase price,repair costs,and transport costs.Total Cost Price $= 80000 + 5000 + 1000 = Rs. 860

Vedclass · Accepted Answer

$107500$

Vedclass · Answer

(C) The total cost price of the machine includes the purchase price,repair costs,and transport costs.Total Cost Price $= 80000 + 5000 + 1000 = Rs. 86000$.To find the selling price at a $25\%$ profit,we use the formula: $	ext{Selling Price} = 	ext{Cost Price} 	imes (1 + \frac{	ext{Profit}\%}{100})$.Selling Price $= 86000 	imes (1 + \frac{25}{100}) = 86000 	imes 1.25$.Selling Price $= 86000 	imes \frac{125}{100} = 860 	imes 125 = Rs. 107500$.

Peter purchased a machine for $Rs. 80000$ and spent $Rs. 5000$ on repairs and $Rs. 1000$ on transport,then sold it with a $25\%$ profit. At what price did he sell the machine? (in $Rs$)

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