Question

A shopkeeper bought two radios for Rs 6,000. He sold one of them at a profit of
20% and the other at a loss of 10%. If he gained 2% on his total outlay, at what
price did he buy each radio

Answer 1

Answer:

Rs 2400

Step-by-step explanation:

R1 is purchase cost of one radio

R2 is purchase cost of second radio

R1+R2 = 6000

2% profit means selling for 1.02*6000=6120

1.2R1 + 0.9R2 = 6120

R1 = 3600

R2= 2400

here R1 and R2 stands for radio 1 and radio 2

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