Question

A table fan is sold for ₹ 570 at a gain of 14 percent .find the cost price of the fan

Answer 1

Answer:

Cost Price = {100 / (100+ Gain%)} * Selling Price

We know the selling Price and gain percent. Thus we can find the cost Price using the above formula easily.

so -

CP ={100/(100+14)} * 570

CP ={100/114} * 570

CP = 100 * 5 = 500

Thus the Cost Price of the fan is Re 500.

Plz mark this answer the brainliest

Answer 2

Answer:

CP={100/(100+Gain%)*SP

CP={100/(100+14)*570

CP={100/114}*570

CP=100*5=500

CP=Rs 500