Question

by selling radio for 528. Mohit earned 10% profit .Find cp​

Answer 1

• Cost price is 480.

Step-by-step explanation:

Given:-

• Selling price is 528 .
• Profit percent is 10%.

To find:-

• Cost price.

Solution:-

We know,

Profit = Selling price - Cost price

➞ Profit = 528 - C.P

Profit percent = Profit/C.P × 100

➞ 10 = 528 - C.P/ C.P × 100

➞ 10 × C.P = (528 - C.P) × 100

➞ 10/100 × C.P = 528 - C.P

➞ C.P/10 = 528 - C.P

➞ C.P = 10×(528 - C.P)

➞ C.P = 5280 - 10 C.P

➞ C.P + 10 C.P = 5280

➞ 11 C.P = 5280

➞ C.P = 5280/11

➞ C.P = 480

Therefore,

Cost price is 480.

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More information:-

• Lost Percent = (Lost/Cost price)×100
• Lost = Cost price - Selling price