A table fan is sold for Rs 570 at a gain of 14%. Find the cost price of the fan
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Answer:
the cost price of the fan is rupees500
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S.P = 570 Rs
Profit = 14% = 100+14 = 114%
C.P = x = 100%
114% - 570
100% - ?
x = 570 * 100 / 114
= 500
C.P = 500 Rs
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