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6% more is gained be selling a radio for...

`6%` more is gained be selling a radio for Rs. 475 than by selling for Rs. 451. The C.P. of the radio is-

A

Rs. 400

B

Rs. 434

C

Rs. `440.50`

D

None of these

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The correct Answer is:
To find the cost price (C.P.) of the radio, we can follow these steps: ### Step 1: Understand the problem We know that selling the radio for Rs. 475 gives a profit that is 6% more than the profit made when selling it for Rs. 451. We need to find the cost price (C.P.) of the radio. ### Step 2: Define the selling prices Let: - Selling Price 1 (SP1) = Rs. 451 - Selling Price 2 (SP2) = Rs. 475 ### Step 3: Calculate the difference in selling prices The difference in selling prices is: \[ \text{Difference} = SP2 - SP1 = 475 - 451 = 24 \text{ Rs.} \] ### Step 4: Understand the profit relationship According to the problem, the profit from selling at SP2 is 6% more than the profit from selling at SP1. This means: \[ \text{Profit at SP2} = \text{Profit at SP1} + 6\% \text{ of C.P.} \] ### Step 5: Let the cost price be C Let the cost price be \( C \). The profit from selling at SP1 is: \[ \text{Profit at SP1} = SP1 - C = 451 - C \] The profit from selling at SP2 is: \[ \text{Profit at SP2} = SP2 - C = 475 - C \] ### Step 6: Set up the equation From the profit relationship, we can set up the equation: \[ 475 - C = (451 - C) + 0.06C \] ### Step 7: Simplify the equation Now, simplify the equation: \[ 475 - C = 451 - C + 0.06C \] \[ 475 - C = 451 - 0.94C \] Now, add \( C \) to both sides: \[ 475 = 451 + 0.06C \] Subtract 451 from both sides: \[ 475 - 451 = 0.06C \] \[ 24 = 0.06C \] ### Step 8: Solve for C Now, solve for \( C \): \[ C = \frac{24}{0.06} \] \[ C = 400 \] ### Conclusion The cost price (C.P.) of the radio is Rs. 400. ---
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