Question

On selling each of the two radios for Rs.5000,a person neither gained nor lost.If he have sold one radio at 25%gain ,then at what loss per cent did he sell the other radio.

Answer 1

Answer:Given SP = 5000 and Gain = 25%.

Then the CP = 5000 * 100/125

                     = 4000.

Given SP = 5000 and Let the loss be x.

Then the CP = 5000 * 100/(100 - x)

                    = 500000/(100-x).

Given that he neither gained nor lost

4000 + 500000/(100 - x) = 10000 (Total SP)

500000/(100 - x) = 6000

6000x = 100000

x = 100/6

loss %= 50/3%

  = 50/3 %

  = 16.7%