Question

On selling a fan for Rs. $810$, Sam gains $8\%$. For how much did he purchase it?

• A. $550$
• B. $650$
• C. $750$
• D. $850$

Answer 1

Answer: (C)

$750$

Given, Selling Price of the fan $=$ Rs. $810$, gain $\%=8\%$
Therefore, CP of the fan

$=\frac{100}{100+gain\%}\times SP$

$=\frac{100}{100+8}\times 810$
$=\frac{100}{108}\times 810$

$=$ Rs. $750$

Thus, at Rs. $750$, Sam purchased a fan.