Question

By selling radio for Rs. 528 mohit gains 10% find his cost price?

Answer 1

CP=SP(100/100+Profit percent)
=528(100/100+110)
=528 X10/11
=48 X 10
=480

Answer 2

HERE IS UR ANSWER✍✍✍✍

●COST PRICE = Market price or original price of a commodity is known as Cost price.

●SALES PRICE = A commodity sold on which price is known as Sales price.

●GAIN / PROFIT = When we sold a commodity in more than its cost price we earn Gain.

●LOSS = When we sold a commodity in less than its cost price we earn loss.

GIVEN THAT------
S.P. = 528
Gain = 10%
C.P. = ???

We know that
C.P. = S.P. - GAIN

c.p. = 100/100+ profit percent

=528 ×100 / 100 +10 %
=528 × 100 / 110
= 528 × 10/11
= Rs.480

so ur cost price is Rs.480.

HOPE IT HELPS U☺☺