Question

On selling a ceiling fan for 810 Sam gains 8 %. For how much did he purchase it ?

Answer 1

Answer:

1.25 uy I'm inhhuunuj ijiok

Answer 2

Answer:

Given:

Selling price = 810

Gain = 8%

To find:

Cost price of the ceiling fan

Solution:

We know,

$Cost\:price\: = \: \frac{100}{100 \: + \: gain\% } \times selling \: price$

Substituting the values,

$C.P\: = \frac{100}{100 \: + \: 8} \times 810$

$C.P \: = \frac{100}{108} \: \times \: 810$

$C.P\: = 100 \: \times \: 7.5$

$C.P \: = \: 750$

Therefore, Sam purchased the fan for Rs.750