CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A man sold a radio-set for Rs.250 and gained one-ninth of its cost price. Find : (i) its cost price; (ii) the profit percent.

Open in App
Solution

(i) Let C.P. of the radio -set = Rs. x
Gain = Rs. x9
S.P. = Rs. (x+x9)=(9x+x9)Rs.=Rs.10x9
But, we are given S.P. of the radio-set = Rs. 250
10x9=250
x=250×910x=25×9x=225
C.P. of the radio set = Rs. 225
(ii) Profit = Rs. x9
= Rs. 2259
...(Substituting the value of x)
=Rs. 25
Profit % = ProfitC.P.×100
=25225×100=25×100225=1009%
= 1119%


flag
Suggest Corrections
thumbs-up
31
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Cost price and Selling Price
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon