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By selling a radio for rs 903 a shop kepper gains 5%.find the cost price of the radio

Answers (1)

Assume the Cost Price of the radio be CP.

Given Profit = 5 %

So selling price SP = CP + Profit

                               = CP + CP x 5 /100 = CP x 105/100 = 903 {Given }

105CP/ 100 = Rs 903
Therefore cost price CP of the radio is = Rs 903 x 100 / 105  = Rs 860

Posted by

Ravindra Pindel

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