Question

By selling a refrigerator at rupees 33000 a man gains 10%.find the cost price of the article

Answer 1

Answer:

first find the gain and then use the formula CP = SP - Profit

Answer 2

Cost price of the article is RS 30000.

To find:

Cost price of the refrigerator.

Given data:

Selling price of the refrigerator = 33000

By selling his gain percentage = 10%

Formula:

Cost price = selling rice - profit

Solution:

Selling price of the refrigerator = 33000

By selling his gain percentage = 10%

From this, 110% of the refrigerator = 33000

Then, 100% of the refrigerator = $\frac{[\text { 33000 x 100 }]}{[\text { 110 }]}$

Thus, the cost rice of the refrigerator = RS 30000.

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