Profit and Loss Practice Test 9

Question : 33 of 40

Marks: +1, -0

The cost price of a radio is Rs 600 and 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:

Rs 704.50
Rs 724.50
Rs 664.50
Rs 684.50

Validate

Solution:

CP of the radio = Rs 600
Transportation charged = 5%
New CP of the radio

={600+5×600}/100=630

Sale price = CP + 15% of CP

=630+15/100×630=724.50

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