Question

A radio was sold for ₹ 1520 at a gain of 10% , find its cost price

Answer 1

Given the cost price of the radio = Rs 1520
Profit on radio = 10% of Rs 1520
                         = 10/100 * 1520
                         = Rs 152
Sold price = cost price + profit
                  = Rs 1520 + Rs 152
                  = Rs 1672

The sold price of article= Rs 1672