Question

The marked price of a radio is 2o%more than its cost price.The radio is sold to make the profit of 10%. If the profit is Rs.80, what is the marked price ?Find it .​

Answer 1

Answer:

Let CP = 100. Then, MP = 100 + 20% of 100 = 120. Now, SP = 120 - 10% of 120 = 108. %Gain = (8 *100)/100 = 8%.