A radio has a marked price of Ksh 10, 000. The shopkeeper can allow a discount of 15% on the marked price and still makes a profit of 25% on the cost price. Find the cost price of the radio.

A radio has a marked price of Ksh 10, 000. The shopkeeper can allow a discount of 15% on the marked price and still makes a profit of 25% on the cost price. Find the cost price of the radio.

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Marked price = sh 10 000 after a

15% discount.

Selling price = $\frac{85}{100}$ x 100

= sh 8 500

sh 8 500 has a profit of 25%

8 500 represents 125% of cost

price. Cost price of the radio is

sh 6 800

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johnmulu answered the question on June 8, 2017 at 12:41

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