A dealer earned a profit of 5% by selling a radio for 714. Find the cost price o
His father's present age = (3x12) years
EXAMPLE 8.
the radio.
Solution
Let the cost nrice of the radio her
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Answer:
CP = 680
Step-by-step explanation:
SP of radio = 714
Profit % = 5%
Let CP be 'x'.
∴ profit = 5x/100
P = SP - CP
5x/100 = 714 - x
5x/100 + x = 714
105x/100 = 714
x = 714*100/105
x = 680
∴ CP = 680
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