Question

a shopkeeper bought two radios for RS 6000.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?

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Answer 1

Answer:

Let 1st radio price will be X And 2nd radio price is Y. So both radio price is 6000rs

Writting sentence 1) into equation we get

X+Y=6000……..………………..(1)

1st radio sold at 20% profit & 2nd radio sold at 10% loss. And shopkeeper gained 2% profit on 6000rs investment

By writing sentence 2) into equation we get

1.2X+0.9Y=6120(102% 6000)………. (2)

By solving 1 & 2

We get

X=2400

Y=3600

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