A dealer earned a profit of 5% by selling a radio for 714. Find the co

1.	A dealer earned a profit of 5% by selling a radio for 714. Find the cost price oHis father's present age = (3x12) yearsEXAMPLE 8.the radio.SolutionLet the cost nrice of the radio her
Answer» Answer: CP = 680 Step-by-step explanation: SP of RADIO = 714 Profit % = 5% LET CP be 'x'. ∴ profit = 5x/100 P = SP - CP 5x/100 = 714 - x 5x/100 + x = 714 105x/100 = 714 x = 714100/105 x = 680* ∴ CP = 680

A dealer earned a profit of 5% by selling a radio for 714. Find the cost price oHis father's present age = (3x12) yearsEXAMPLE 8.the radio.SolutionLet the cost nrice of the radio her

Answer»

Answer:

CP = 680

Step-by-step explanation:

SP of RADIO = 714

Profit % = 5%

LET CP be 'x'.

∴ profit = 5x/100

P = SP - CP

5x/100 = 714 - x

5x/100 + x = 714

105x/100 = 714

x = 714*100/105

x = 680

∴ CP = 680