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9 April, 04:54

2. The profit on a refrigerator is 35% of the cost price.

If the profit is $280, find

(i) the cost price, (ii) the selling price,

of the refrigerator.

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Answers (1)
  1. 9 April, 06:49
    0
    Let Cost Price be x, so

    35/100x = 280

    x = 280 / 0.35 = 800 = Cost Price

    Selling price = 800 + 280 = 1080
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