Question
A shopkeeper buys a fan for Rs 840 and sells it at a
profit of 25%. Find the selling price of the fan.Solution
Cost Price (CP) = 840 Profit = 25% of 840 = (25/100) × 840 = 840 ÷ 4 = 210 Selling Price (SP) = CP + Profit = 840 + 210 = 1050 Answer: Rs 1050
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