Question

By selling a radio for $250, Muna makes a profit of 30%. Calculate the buying price? ​

Answer 1

Answer:

Given, S.P.=Rs250

Gain=

9

1

×C.P.

=>S.P.−C.P.=

9

1

×C.P.

=>

9

10

×C.P.=Rs250

=>C.P.=Rs225

And Profit = Rs25

So, Profit % =

C.P

Profit

×100=

225

25

×100=11

9

1

%

Answer 2

The profit of the radio is 250
The buying price will be 15%