by selling a radio for ₹528 Mohit gains 10%. find his cost price?
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4
Answer:
"The cost price of the radio will be Rs. 480
Given:
Selling price = Rs. 528
Gain = 10%
To find:
Cost price
Solution:
Selling price = Rs. 528
Profit % = 10
There exists a formula for finding out the unfound selling price or cost price by using the other given things. The formula is used as follows,
\therefore Cost price =100 \times \frac{\text { selling\quad price }}{100+\text { profit }\%}∴Costprice=100×100+ profit % sellingprice
=\quad 100\quad \times \quad \frac { 528 }{ 100+10 }=100×100+10528
=\quad 100\quad \times \quad \frac { 528 }{ 110 }=100×110528
=\quad Rs.480=Rs.480
The cost price of the radio is Rs. 480"
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Answer:
the cost price will be RS 480
STEP BY STEP EXPLANATION
please see the attachment for step by step explanation
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