Question 6

A man bought a refrigerator for Rs. 15200 and spent Rs. 300 as labour charges and Rs. 500 on its transportation. At what price should he sell it to make a gain of $$15\%$$?

The total cost price includes the overhead charges, so $$CP = 15200 + 300 + 500 = 16000$$ rupees. For a $$15\%$$ gain, $$SP = 16000 \times 1.15 = 18400$$ rupees.

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