Answer :
(i) Let × be the CP of Camera.
SP of Camera = x + 1x/8 = 1080
× + x/8 = 1080
9x/8 = 1080
x= (1080 × 8) / 9
= 960.
So, the Cost Price (CP) of camera is Rs.960.
(ii) Gain = SP – CP
= 1080 – 960
= 120
= 12.5%
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