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Q 23) By selling a fan for Rs.649, Anil earns a profit of 18%. Find its costprice. |
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Answer» :-Selling PRICE ( SP ) of fan = ₹ 649Profile Percentage = 18%★ To Find :- Cost price (CP) ?★ Solution :-◆ We know that,↦ Cost price = 100 / 100 + PROFIT % × SP↦ Now, Substitute the values :-↦ 100 / 100+ 18 × 649↦ 100 / 118 × 649 ↦ 550■ HENCE, The cost price (CP) of fan is ₹ 550. |
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