If the cost price of a TV set is Rs. 10,000 and profit is Rs. 1500 then what will be selling price for the TV set?
If the cost price of a TV set is Rs. 10,000 and profit is Rs. 1500 then what will be selling price for the TV set?
Explanation
Given the cost price (CP) of the TV set is Rs. 10,000 and the profit is Rs. 1,500:
Step 1: Calculate the selling price (SP).
SP = CP + Profit
= 10,000 + 1,500
= 11,500