5. By selling a gas oven for ruppes 1035, a shopkeeper gains 15% . Find its cost price.
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Answer:
Given:
Selling price (SP) = 1035
Gain Percentage (Gain) = 15%
Now, Using Cost price Formula!!
\begin{gathered} \implies \: \frac{(sp) \times 100}{(100 + gain\%)} \\ \\ \\ \implies \: \frac{ \cancel{1035} \times 100}{ \cancel{115}} \\ \\ \\ \\ \implies \: 9 \times 100 \\ \\ \\ \implies \: 900\end{gathered}
⟹
(100+gain%)
(sp)×100
⟹
115
1035
×100
⟹9×100
⟹900
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