A dealer sold a camera for ₹1080 gaining 1/8 of its cost price. Find (1) the cost price of the camera, and (ii) the gain per cent earned by the dealer.

A dealer sold a camera for ₹1080 gaining 1/8 of its cost price. Find

1.	A dealer sold a camera for ₹1080 gaining 1/8 of its cost price. Find (1) the cost price of the camera, and (ii) the gain per cent earned by the dealer.
Answer» Let us consider the cost price of camera be XSP of camera = x+1x/8=1080x+x/8=10809x/8=10809x=1080×8x=960∴ The CP of the camera = ₹960Gain=SP−CP=1080−960=120Gain%=(120×100)/960=12.5%∴ The Gain PERCENT is 12.5%Step-by-step explanation:please mark me as BRAINLIEAST.

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A dealer sold a camera for ₹1080 gaining 1/8 of its cost price. Find (1) the cost price of the camera, and (ii) the gain per cent earned by the dealer.​

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A dealer sold a camera for ₹1080 gaining 1/8 of its cost price. Find (1) the cost price of the camera, and (ii) the gain per cent earned by the dealer.