Charging 30 % above its production cost,a rad | vedclass

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(B) Let the cost price $(C.P.)$ be $x$.Given that the marked price $(M.P.)$ is $30 \%$ above the cost price,we have: $M.P. = x + 0.30x = 1.30x$.Given

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$37.40$

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(B) Let the cost price $(C.P.)$ be $x$.Given that the marked price $(M.P.)$ is $30 \%$ above the cost price,we have: $M.P. = x + 0.30x = 1.30x$.Given $M.P. = Rs. 286$,so $1.30x = 286$.$x = 286 / 1.30 = 220$.Thus,the cost price $(C.P.)$ is $Rs. 220$.The seller allows a $10 \%$ discount on the marked price.Discount $= 10 \% 	ext{ of } 286 = 0.10 	imes 286 = Rs. 28.60$.Selling price $(S.P.)$ $= M.P. - 	ext{Discount} = 286 - 28.60 = Rs. 257.40$.Gain $= S.P. - C.P. = 257.40 - 220 = Rs. 37.40$.

Charging $30 \%$ above its production cost,a radio maker puts a label of $Rs. 286$ on a radio as its price. But at the time of selling it,he allows a $10 \%$ discount on the labeled price. What will his gain be? (in $Rs.$)

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