Question

A man sold a radio at 10% gain.If he had bought it at 20% less and sold it for ₹10 more, he would have gained 40%. Find the cost price of the radio.​

Answer 1

Answer:

Answer

Let the cost price be x.

Therefore, selling price y=1.1x

According to the question

y+10=1.25(0.9x)

⇒1.1x+10=1.125x

⇒0.025x=10

⇒x=10/0.025

⇒x=400

∴ The cost price of the articles =Rs. 400.