a person sells a radio set at rs 1200 and makes a profit of rs 900 find the cp
Answers
Answered by
1
Answer:
Sp=Rs 1200
Profit=Rs 900
Cp when profit = Sp -profit = 1200-900= Rs 300
Cp=Rs 300
Answered by
0
Given:
Selling price=Rs.1200
Profit=Rs.900
To find:
The cost price
Solution:
The radio's cost is Rs.300.
We can obtain the required amount by deducting the profit amount from the radio's price of selling.
So, the price of selling the radio - Radio's cost= profit earned.
The price of selling the radio -profit =Radio's cost
We will substitute the values to calculate the amount.
Using values,
1,200-900=Radio's cost
300=Radio's cost
Therefore, the radio's cost is Rs.300.
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