1. The cost price of a radio is 600. 5% of the cost price is charged toward transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be
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By: anil on 05 May 2019 02.25 am
Cost price of radio = Rs. 600
Transportation price = $$frac{5}{100} imes600=Rs.$$ $$30$$ => Total Cost Price = $$600+30=Rs.$$ $$630$$ Profit % = 15% => Selling price = $$630+(frac{15}{100} imes630)$$ = $$630+94.50=Rs.$$ $$724.50$$ => Ans - (C)
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Transportation price = $$frac{5}{100} imes600=Rs.$$ $$30$$ => Total Cost Price = $$600+30=Rs.$$ $$630$$ Profit % = 15% => Selling price = $$630+(frac{15}{100} imes630)$$ = $$630+94.50=Rs.$$ $$724.50$$ => Ans - (C)