The cost price of a radio is Rs. 600. The 5% of the cost price is charged towards transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be = ?

  • 1Rs. 704.50
  • 2Rs. 724.50
  • 3Rs. 664.50
  • 4Rs. 684.50
Answer:- 4
Explanation:-

Solution:
According to the question,
Cost price of the radio = Rs. 600
5% of cost price is charged =5100×600=Rs. 30 ∴ Total cost price = 60 + 30 = Rs. 630
To gain 15% then selling price =630+15100×630=Rs. 724.50

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∴ Total cost price = 60 + 30 = Rs. 630
To gain 15% then selling price =630+15100×630=Rs. 724.50 ", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
According to the question,
Cost price of the radio = Rs. 600
5% of cost price is charged =5100×600=Rs. 30 ∴ Total cost price = 60 + 30 = Rs. 630
To gain 15% then selling price =630+15100×630=Rs. 724.50 ", "dateCreated": "7/24/2019 10:09:12 AM" } }
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