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  • By selling a fan for Rs 649,Anil earns a profit of 18%.Find its cost price.

By selling a fan for Rs 649,Anil earns a profit of 18%.Find its cost price.

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S.P. of the fan=Rs 649,profit =18%,C.P.=?
Therefore 649=[1+frac18100]of, C.P.
Rightarrow 649=frac118100of, C.P.
C.P.=Rs[649 imesfrac100118]Rightarrow Rs=550
Hence the cost price of the fan is Rs 550

Posted by

Deependra Verma

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