Question
The selling price of a fan is ₹7,392. If profit
percentage is 32%, then what is the cost price (in ₹) of the fan?Solution
Selling Price (SP) = 7392 Profit = 32% Cost Price (CP) = SP × 100 / (100 + Profit) CP = 7392 × 100 / 132 CP = 56 × 100 CP = 5600 Answer: ₹5600
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