If prakash sells a fan for ₹ 750, he loses ₹ 50
i. What was the cost of the fan?
ii. At what price must he sell the fan to make a profit of 20%?
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The can was rupees 800.To gain a profit of 20% he must sell it for rupees 960.
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Answer:
i. rs.800 and ii. rs. 960
Step-by-step explanation:
I . C.P= S.P+Loss
= 750+50
= 800
ii. 20/100X 800 /1
= 16
= 800+160
= 960
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