Question
A shopkeeper sells a product in Rs.2,160 and earns 12.5%
profit. Tell the amount that is equal to half of the purchase price of the product (in Rs.)Solution
Selling price of the article = Rs. 2160 Cost price of the article = Rs. 2160 x 100/112.5 = Rs. 1920 Half of the cost price = 1920/2 = Rs. 960
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