by selling a fan for rs. 649 anil ears a profit of 18% . find its price.
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Given:
selling price = ₹649
profit percentage = 18%
To Find :
Cost price
Solution :
cost price = 100/ (100 + profit%) x sp .
cost price = 100 / 100 + 18 x 649
=> 100/118 x 649 = 550 .
so, cost price = 550
Hence, the Cost price is Rs 550
Know More :
Find the C.P when S.P = ₹360; Loss = 10%
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