Question

On selling each of the 2 radios for 5000, a person neither gained nor lost. If he had sold 1 radio at 25% gain, then at what loss percent did he sell the other radio?

Answer 1

Answer
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on selling each of the two radios for rs 5000, a person neither gained nor lost.
Each was sold for 2500 rs
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if he had sold one radio at 25% gain
1.25*2500 = 3125 rs
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then at what loss percent did he sell the other radio?
The other radio sold for 5000-3125 = 1775 rs
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Quantitiy loss: 2500-1775 = 725 rs
Percent loss: 725/2500 = 29%
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Cheers,
Stan H.
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