Question

Tom sells 4 radios for 1,550 and earns a profit of 8 1/3 %. Find the cost price of each radio. solution ​

Answer 1

°°°QUESTION°°°

Tom sells 4 radios for 1,550 and earns a profit of 8 1/3 %. Find the cost price of each radio. solution

Answer:

SP=1550

profit=8.33%

so.CP=1550/1.0833=1430(approx)

so per radio =1430/4=357.5

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