Question

If a radio is sold at Rs 972 then profit is 8%. if it is sold at Rs 872 then there is a loss of

Answer 1

Step-by-step explanation:

Given,

Profit percent is 8%

Therefore if selling price is 108 cost price will beRs 100

If selling price is 1 cost price will be=Rs

108

100

If selling price is 972 cost price will be=

108

100

×972=Rs900

If the radio is sold for 872 there will be a loss of=(872−900)=Rs28