Question

rob sold an oven at a profit of 35 if one fifth of the selling price is rs 2700 then what is 20% of the total amount that he paid to purchase the oven?

Answer 1

Given data:

Rob sold an oven at a profit of 35%

One-fifth of the selling price is Rs. 2700

To find:

20% of the total amount he paid to purchase the oven

Step-by-step explanation:

Let the cost price of the oven be x

If the oven be sold at a profit of 35%, then the selling price

= Rs. x (1 + 35/100)

= Rs. 135x/100

Given that, one-fifth of the selling price is Rs. 2700

⇒ 1/5 * 135x/100 = 2700

⇒ x = 10000

So the cost price of the oven is Rs. 10000

Then 20% of Rs. 10000

= Rs. 20/100 * 10000

= Rs. 2000

Final answer:

20% of the total amount that he paid to purchase the oven is Rs. 2000.

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rob sold an oven at a profit of 35% if one fifth of the selling price is rs 2700 then what is 20% of the total amount th...

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