Question

A dealer sells a toy for Rs24 and gains as much per cent as the cost price of the toy.
Find the cost price of the toy ???

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Answer 1

Answer:

₹ 19.36

Step-by-step explanation:

Selling price = ₹ 24

Gain = 24%

Selling Price = Cost Price × (1 + Gain)

=> Cost Price = Selling Price /(1+Gain)

$cp \: = \frac{24}{1 + 0.24} = 19.36$