Rajesh sold his radio at 25 % profit on the cost price if he got Rs 65 as profit wt is the cost of the radio
Answers
Answered by
0
Step-by-step explanation:
Let the cost price of radio set be 100
Then its selling price at 25% profit=100*120/100=125
Revised cost price and selling price are 100+100=200 and 125+100=225 respectively.
Revised selling price 225 is 120% of cost price.
Then revised cost price =225/120*100=204.55
Then original cost price=204.55–100=104.55
Answered by
3
Answer:
let the cost price (cp) : 100
if their is 25% profit means selling price (sp)would be 125
therefore profit will be : sp-cp = 125-100= 25
so if
on 100 profit is 25, then for what cp will be profit is 65 i.e
100---------25
x-------------65
cross multiply and find x
x=( 100*65)/25
x= 260
so cost price is 260
Similar questions