Multiple choice

A shopkeeper made a profit of 15% by selling a washing machine. If the original cost of the washing machine was Rs. 15000, at what price was the washing machine sold?

  1. Rs. 17250

  2. Rs. 16540.44

  3. Rs. 16230.34

  4. Rs. 15870.88
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Cost = 15000. Profit = 15% of 15000 = 0.15 * 15000 = 2250. Selling Price = 15000 + 2250 = 17250.

AI explanation

Using the formula for selling price, Selling Price = Cost Price + Profit, the profit amount is 15% of 15000, which equals 2250. Adding this profit to the original cost gives a final selling price of 15000 + 2250 = Rs. 17250.

Keep practicing — related questions