Ramu bought a radio for Rs1120 and sold it at a gain of 4%.At what price did he sell the radio?

Please find below the solution to the asked query:

Given : Ramu bought a radio for Rs. 1120 and sold it at a gain of 4%.

So,

The Selling price of the radio = 1120 + 14 % of 1120 = 1120 + 14 × 1120100 = 1120 + 14 × 11.2 = 1120 + 156.80 = Rs. 1276.80                     ( Ans )


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