Question

(c) By selling a table fan for 1260, a shopkeeper gains 5%. Find the cost price of the table fan.​

Answer 1

Answer:

$1260 - 5 \% = 1197$

the cost price of table fan is 1197

Answer 2

The shop keeper is selling fan at 1260/-

So, s.p(selling price )=1260

Now gain given =5%

Formula to find c.p(cost price)

=100/100+gain% × s.p

=100/100+5×1260

= 100/105×1260

= 25200/21

=1200

Therefore, the required c.p = 1200/-