Question

Ram bought a radio for Rs.1120 and sold it at a gain of 4%. At what price did he sell the

radio?​

Answer 1

Answer:

Rs. 1075.20

Step-by-step explanation:

Cp = 1120

Gain% = 4%

Gain = 4/100 * 1120

= 1/25 * 1120

= 1/5 * 224

= 224/5

=44.8

SP = CP - Gain

= 1120 - 44.8

= 1075.20

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Answer 2

Answer:

Step-by-step explanation:

Cost price of a radio =CP = RS. 1120

Gain or Profit = 4%

Gain or Profit = 4% of 1120

= 4/100 × 1120

= RS. 44.80

Selling price = Cost price (CP) + Gain or Profit

= Rs. 1120 + Rs. 44.80

= Rs. 1164.80

So he sold his radio at Rs. 1164.80.