A shopkeeper sold a ceiling fan for 1152 there by gaining of its cost – InterviewSolution

1.

A shopkeeper sold a ceiling fan for 1152 there by gaining of its cost price. Find its cost price.

Answer»

let the C.P be xtherefore, profit= 1/8 of x= x/8

according to the questionprofit= S.P - C.Px/8= 1152-xx= 8(1152-x)x= 9216-8xx+8x= 92169x= 9216x= 9216/9x= 1024C.P = RS. 1024

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