Mahesh purchased a radio at 9/10 of its selling price and sold it at 8% more than its original selling price. his gain %.is
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30
Hence, total gain % by mahesh is 20%
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The profit percentage on selling the radio is 20%
Step-by-step explanation:
Let the original Selling Price be Rs. 100
The cost price of the radio is
The price at which Mahesh sold the radio was 8% more than original S.P
Therefore, the profit in selling the radio is,
Rupees 18 is the profit on this transaction, now to find the profit% we use,
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