Question

12. By selling a radio for 1903, a shop keeper gains 5%. Find the cost price of the radio.​

Answer 1

Let cost price be x

x + 5% of x = 1903

→ x + 5/100 × x = 1903

→ 105x / 100 = 1903

→ x = 1903 × 100/105 = 1812.38

Hence, required cost price is Rs. 1812.38