Question

A man sells a radio set at a gain of 5%.had he sold for rs 490less ,he would be lost 2%.find the cp of the radio set

Answer 1

Answer:

Let the CP be ₹ X.

$\frac{105X}{100}$ - $\frac{98X}{100}$ = 490

$\frac{7X}{100}$ = 490

X = ₹7000