Q39 of 90 Page 133

Bashir bought an article for Rs 1215 and spent Rs. 35 on its transportation at what price should he sell the article to have a gain of 16%?

Let selling price be x


Cost price of article = Rs. 1215


Additional transportation charge = Rs. 35


So, total cost price = 1215 + 35


He gained 6%


So,


Gain = selling price – cost price



x = 0.16 × 1250 + 1250


x = Rs. 1450


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