by selling radio for 528. Mohit earned 10% profit .Find cp
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Step-by-step explanation:
Given:-
To find:-
Solution:-
We know,
Profit = Selling price - Cost price
➞ Profit = 528 - C.P
Profit percent = Profit/C.P × 100
➞ 10 = 528 - C.P/ C.P × 100
➞ 10 × C.P = (528 - C.P) × 100
➞ 10/100 × C.P = 528 - C.P
➞ C.P/10 = 528 - C.P
➞ C.P = 10×(528 - C.P)
➞ C.P = 5280 - 10 C.P
➞ C.P + 10 C.P = 5280
➞ 11 C.P = 5280
➞ C.P = 5280/11
➞ C.P = 480
Therefore,
Cost price is 480.
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Verified answer
Answer:
580.8
Step-by-step explanation: