Question

15. A man sold a radio-set for 250 and
one-ninth of its cost price. Find :
(i) its cost price; (ii) the profit perder​

Answer 1

Answer: i)225

ii)11.11%

Explanation:

1) SP- 250

Gain - 1/9 of CP

SP= CP+Gain

250= 10/9 of CP

CP = 250*9/10=225

Profit =  SP-CP*100/CP

=25/225*100=11.11%