Question

By selling an electric iron for Rs. 5409 a shopkeeper gains 8%. Find its cost price.
I need step by step solution,take your time​

Answer 1

Step-by-step explanation:

Let the cost price be X

So, 108% of X will be 5409

100/108*x=5409

x=5409*100/108

x=5008.3333

so cost price is Rs.5008.3333