Question

A merchant bought a dozen of books for 1500 birr and sold it at a profit of 15% of its cost price. What is the selling price?​

Answer 1

Answer: They sold each book at a price of 143.75 birr

Explanation:

1500 divided by 12 is 125 and 15% of 125 is 18.75 so add it together and you got your answer. hope this helps <3

Answer 2

C. 1725

Explanation:

We can find the selling price by adding the cost price and the profit made

As the merchant has made 15% of profit on 1500 birr . So ,

15% of 1500 is 225 birr

`(x)/(1500) * 100 = 15 \: percent`

Adding the cost price and profit made we get ,

Selling Price = 1500 birr + 225 birr

Sp = 1725 birr