Question

selling a fan for 470 rupees the profit is gained at 1/12 of cost price what was the percentage of profit on the fan​

Answer 1

Step-by-step explanation:

ANSWER:

(i)CP=Rs. 620 SP=Rs. 713Since SP> CP, there is a gain.Gain =713 - 620 = Rs. 93Gain percentage=(

gain

CP

×100)% =(

93

620

×100)% =15%

(ii)

CP=Rs 675 SP=Rs 630Since SP< CP, there is a loss.Loss=675 - 630 = Rs. 45Loss percentage =(

Loss

CP

×100)% =(

45

675

×100)% =6

2

3

%

(iii)

CP=Rs. 345 SP=Rs. 372.60Since SP> CP, there is a gain.Gain=372.60 - 345 = Rs. 27.6Gain percentage=(

gain

CP

×100)% =(

27.6

345

×100)% =(

2760

345

)% =8%

(iv)

CP=Rs 80 SP=Rs 76.80Since SP< CP, there is a

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