Answer:
The cost price of a radio is Rs 8665
Step-by-step explanation:
There is a relation between the cost price, loss amount, and the selling price.
In the loss, the cost price must be greater than the selling price.
In our question:
The selling price is Rs 7777
The loss is Rs 888
We need to find the cost price
Let us use the rule above
∵ The selling price = Rs 7777
∵ The loss = Rs 888
→ Substitute them in the rule above to find the cost price
∴ The cost price = 7777 + 888
∴ The cost price = 8665
∴ The cost price of a radio is Rs 8665
