Question

The cost incurred by Mahesh to produce an item in the factory was ₹2,000. He had to spend 10% of the production cost incurred on the item in the factory to transport it to the showroom. He sold the item from the showroom at a price that was 15% above the total cost incurred by Mahesh in the production and transportation of the item. What was the price at which Mahesh sold the item from the showroom?

• A. ₹2,300
• B. ₹2,500
• C. ₹2,250
• D. ₹2,530

Answer 1

Answer:

D. ₹2,530

cost price =2000 10% additional cost =2000*0.1=200 so the final cost =2200 sold with 15% profit 2200*0.15= 330 so the selling cost is 2200+330=2530