By selling an electronic fan for ₹ 1440 a trades gain 20%. Find the cost price of the electronic fan
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Gain % = 20%
C.P = S.P ( 100 /100 + profit)
= 1440 ( 100/ 100 + 20)
= 1440 x 100/120
= 1200
C.P = Rs 1200
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