Posted by **Simran kaur** on Sunday, November 25, 2012 at 11:15pm.

a man sells a radio set a gain of 5 %.had he sold it for rs.490 less,he would have lost 2 %.find the c.p of the radio set.

- Math -
**Steve**, Monday, November 26, 2012 at 12:23am
if the cost is c,

1.05c - 490 = .98c

c = 7000

check:

sold it for 7000 * 1.05 = 7350

if sold for 490 less (6860) he'd have lost 140, or .02*7000, a 2% loss.

OK!

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