Question

table costing rupees 4950 is bought and transported to shop spending rupees 50 find the selling price if shopkeeper wants to gain 12%​

Answer 1

Given:-

Shopkeeper buys 5 fans for: Rs 4050

Transportation cost : Rs 50

∴ Cost price =Rs 4050+Rs 60

=Rs 4100

Gain (%)=15%

∴ Formula:- gain (%)=

cost price

100×[selling price(S.P)–cost price(S.P)]

15=

4100

100×[S.P−4100]

S.P=41×15+4100

S.P=615+4100

S.P=Rs 4715

Ans. Selling price of 5 fans =Rs 4715

Thus selling price of 1 fan =

5

Rs 4715

=Rs 943/−