By selling a radio for rupees903. a shop keeper gains 5%. Find the cost price of the radio
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Answer:
Let the CP be Rs x
given :-
SP = 903
gain = 5%
we know
CP ( 1+ g% /100) = SP
x(1 + 5/100) = 903
105 x /100 = 903
x = 903 x 100/ 105
x = 860
therefore
CP = Rs 860
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