Question

On selling a fan for Rs 1125, Vijay gained one -eight of it's cost price. Find the cost price of the fan and the gain percent. ​

Answer 1

let the C.P be x

therefore, profit= 1/8 of x= x/8

according to the question

profit= S.P - C.P

x/8= 1152-x

x= 8(1152-x)

x= 9216-8x

x+8x= 9216

9x= 9216

x= 9216/9

x= 1024

C.P = RS. 1

Hope the answer is Helpful