Question

a dealer sold two radios for 8000 each ,neither losong nor gaining in the deal . If he sold one radio at a gain of 20% , find the loss or gain % in other.​

Answer 1

Loss % in other = 14.28% when Two Radios sold for 8000 each and one radio at a gain of 20%

Step-by-step explanation:

A dealer sold two Radios for 8000 each, neither losing nor gaining in the deal
=> cost price of both radios = Selling price of both radios = 16000

Let say Cost Price of one Radio = C
Gain 20 %  = (20/100) C = 0.2C
Selling Price = 1.2C
=> 1.2C = 8000
=> C = 8000/1.2

Cost Price of other Radio = 16000 - 8000/1.2 = 11200/1.2
Selling Price of another  Radio = 8000
Loss =  11200/1.2 - 8000 = 1600/1.2
Loss % =  100 *(1600/1.2)/ (11200/1.2)
= 14.28 %
Loss % in other = 14.28%