Question

By selling an electric fan for Rs 144,0 a trader gain 20% find the cost price of the electric fan

Answer 1

Hey mate,

ATQ,

SP = 144

CP + 20%CP = SP

6/5 CP = SP

CP = 144×5/6

CP = 120 Rs

hope this helps you out!

Answer 2

The cost price of the electric fan is Rs.1200

Step-by-step explanation:

Selling price of fan = Rs.1440

Gain % = 20%

$Cost price = \frac{SP \times 100}{100+P\%}$

$Cost price = \frac{1440 \times 100}{100+20}$

Cost price = Rs.1200

Hence the cost price of the electric fan is Rs.1200

#Learn more:

On selling an exhaust fan for Rs.7350 a man gains 1/6 of its cost price . Find the cost price of the fan.

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