Question

If a Radio is sold at Rs 12600, and a profit of 5% occurred on it, then find the price at which Radio was purchased.

Answer 1

Answer:

the solution is

sp=12600

profit=5%

profit=12600/100×5=630

p=630

C.P=12600-630=11970

the answer is rs.11970

Answer 2

Answer:

If a Radio is sold at Rs 12600, and a profit of 5% occurred on it, then the price at which Radio was purchased is Rs 12000.

Step-by-step explanation:

If cost price = x

SP = Rs 12,600

So, Interest = 12600 - x

Profit % = profit/CP × 100

5 = (12600- x)/x × 100

5 = (12600/x - 1) × 100

5= 1260000/x - 100

1260000/x = 5+ 100

1260000/x = 105

x = 1260000/105

x = 12000

SO, CP = 12000 rs

The price at which Radio was purchased is Rs 12000.