Question

By selling a fan for Rs.1035 a shopkeeper makes a profit of 15%, find its cost price. ​

Answer 1

Answer:

We have,

Selling price = Rs 1035

Gain = 15%

Find the cost price of gas oven :-

C.P = (S.P × 100)/(100 + gain)

= (1035 × 100)/(100 + 15)

= 103500/115

= 900

Cost price of gas oven = Rs 900

Step-by-step explanation:

Answer 2

Solution

Given :-

• Selling Price = ₹ 1035
• Profit = 15%

Find :-

• Cost price

Explanation

Formula

$\boxed{\underline{\tt{\red{\:Cost\:price\:=\:\dfrac{(Selling\:price\times 100)}{(100+percentage\:profit)}}}}}$

Keep all above values

➡ Cost price = ( 1035 × 100)/(100+15)

➡Cost price = (103500)/115

➡Cost price = 900

Hence

• Cost price of fan will be = ₹ 900

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Answer Verification

We Have,

• CP = ₹ 900
• SP = ₹ 1035

Then, here will be profit.

Now, we calculate profit.

➡Profit = SP - CP

➡Profit = 1035 - 900

➡Profit = ₹ 135

Now, Calculate profit percentage .

★ Profit % = profit × 100/CP

Then Keep values,

➡ Profit% = 135 × 100/900

➡ Profit% = 135/9

➡ Profit % = 15 % .

That's proved.

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