Question

By selling a radio for ₹903, a shop keeper gains 5%. Find the cost price of the radio.​

Answer 1

Answer:

860

Step-by-step explanation:

Selling Price=Rs.903

Profit =5%

Percentage Profit = Profit ×100

C.P.

⇒ 5 = S.P _ 1

100 C.P

⇒ 903 - 105

C.P 100

C.P = 100 x 903 = 860

105

Hence, the cost price of the radio is Rs. 860.