A shopkeeper marked the price of a radio as Rs. 5000. He sold it allowing a discount of 10% and made a profit Rs. 500. Find the
cost prise of the radio.
1 answer:
SP = MP - discount% of MP
= 5000 - 10/100 X 5000
= Rs4500
Profit = SP - CP
= 4500-500
= Rs 4000
Hope it helps!
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