On selling of fan for $ 810, sam gains 8%. For how much did he purchase it
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Answer:
Step-by-step explanation:
given selling price =sp=Rs810
gain=g=8%
cost price=cp=?
cp=(sp×100)/(100+g)
=(810×100)/(100+8)
=(810×100)/108
after cancellation
=Rs750
Therefore
cost price of the fan =Rs750
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