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Step-by-step explanation:
SP of the camera = Rs 1080
Let Rs x be the CP.
Gain = Rs (1/8)x…….(i)
Also gain = Rs (1080 – x) …….(ii)
From (i) and (ii), we have:
From (i) and (ii), we have:
∴ 1/8 x=1080 – x
⇒ x = 8640 – 8x
⇒ x + 8x = 8640
⇒ 9x = 8640
⇒ x = 960
∴ CP = Rs 960
Gain RS. 960/8 = 120
Gain %= (12/960*100)% =12 (1/2 )%( in
whole no.)
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