Radhika deals with second-hand goods. She bought a second hand refrigerator for Rs.5000. She spends Rs.100 on transportation and Rs.500 on its repair. She sells the refrigerator for Rs.7000. Find the total cost price of the refrigerator.
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Solution
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Cost
of Refrigerator =5000, Transport Cost =100, Repair Cost =500
Selling
Price =7000
Total
Cost Price = Sum of all Costs =5000+100+500=5600
Hence the total cost price is Rs.5600
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