Peter purchased a machine for Tk. 80,000 and spent tk. 5000 on repair and Tk. 1000 on transport and sold it with 25% profit . At what price did he sell the machine?
Peter purchased a machine for Tk. 80,000 and spent tk. 5000 on repair and Tk. 1000 on transport and sold it with 25% profit . At what price did he sell the machine? Correct Answer Tk. 1,07, 500
Cost Price = Tk. (80000 + 5000 + 1000) = Tk. 86000 Profit = 25% Sells price = 125% of Tk. 86000 = Tk. (125/100×86000) = Tk. 107500