25. A man sold two radios at Rs.4800 each. On one he gains 20% and on the other he loses 20%.Find the gain or loss percent in the whole transaction.
Answers
first radio
HE SOLD AT GAIN OF 20%
c.p= (4800*100)/120
=4000
second radio
HE SOLD AT loss OF 20%
c.p=(4800*100)/80
=6000
total cost price=10000
total s.p=9600
loss=400
loss%=(400*100)/10000
loss%=4%
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Answer:
There is a loss of 4% in the whole transaction.
Step-by-step explanation:
A man sold two radios at 4,800 Rs. each.
Let the cost price of his radio = x
He gains on his first radio = 20%
So, cost price of his first radio = 120% of x = 4,800
= 1.2x = 4800
x =
x = 4,000 Rs.
Let the cost price of his second radio = y
He loses on his second radio = 20%
So, cost price of his second radio = 80% of y = 4,800
= 0.80y = 4800
y =
y = 6,000 Rs.
Total cost price of both radios = 4000 + 6000 = 10,000 Rs.
Total selling price of both radios = 4800 + 4800 = 9,600 Rs.
Hence selling price is less than cost price, there is a loss.
Loss = 10,000 - 9,600 = 400 Rs.
Loss percentage =
= 4%
There is a loss of 4% in the whole transaction.
Learn more profit and loss calculation : https://brainly.in/question/968325