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Question

A man purchased two radios for Rs 600 each and sold one of them at a profit of 12%. But due to some reasons, he had to sell the second radio at some loss. If he had a total loss of Rs 25 in the whole transaction, find the selling price of the second radio.

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Solution

Given, for each radio C.P.=Rs600
For the first Radio,
Profit % =S.P.1C.P.C.P×100=12 %
=>S.P.1600600×100=12 %
=>S.P.1600=72
=>S.P.1=Rs672
Given, total Loss =Rs25
=>TotalS.P.Total.C.P.=25
=>672+S.P.21200=25
=>S.P.2528=25
=>S.P.2503
Hence, he sold the second radio for Rs 503


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