Question

A man bought two radio sets for Rs 5000. He sold one at a loss of 12% and the other at a gain of 8%.He neither gained nor loss in this transaction. Find cost price of each radio.(Ans:Rs.2000,Rs.3000)​

Answer 1

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Answer 2

Answer:

st radio S.P. = Rs. 5000 

Gain =25% 

∴ C.P = Rs.1255000×100= Rs. 4000

2nd radio S.P. = Rs. 5000, Loss =x% (say) 

∴ C.P. =(100−x)5000×100

Since the person neither gained nor lost Total C.P. = Total S.P

⇒4000+(100−x)500000=10000

⇒(100−x)500000=6000⇒500000=600000−6000x

⇒6000x=100000

⇒x=60100%=350%=1632%

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