if a shop kepper sells him a fan for 10 percentage profit its cost price?
find the answer
the answer is profit what is cost of the profit
Pls help me frnds
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Answer:
100 × 1.5 = Rs 150 is C.P of fan is the Ans.
Step-by-step explanation:
Ans Let C.P of an electric fan = Rs 100
Actual transaction
Profit = 10 %.Therefore S.P = 100 + 10 = Rs 110
Assumed transaction
C.P = 100 - 10 = Rs 90
Gain = 10 %.Therefore S.P = 90 + 10 % of 90 = Rs 99
Difference in actual and assumed S.P
= 110 - 99 = Rs 11
Applying unitary method
For Rs 11 difference in S.P, C.P = Rs 100
For Rs 1 difference in S.P, C.P = 100/11
For Rs 16.50 difference in S.P, C.P = ( 100/11) × 16.5
= 100 × 1.5 = Rs 150 is C.P of fan is the Ans
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