a trader bought 18 radio sets at the cost rupees 550 per set of radio. he sold 12 of the radio sets at rupees 650 per set and the remaining radio sets at rupees 500 per set. find his gain or loss percent.
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cost price = 18×550= 9900
sp of 12 radios = 12×650= 7800
sp of other 6 radios = 6×500= 3000
sp in total= 10800
obviously he made profit
profit percent= 10800-9900= 900
900 in percent = 900×100 = 90000%
im gonna be honest the answer looks wrong to me i hvnt done loss profit in over an year so theres a chance this is wrong but i think the steps are right i think i just messed up my conversion into percent sorry.
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