Question

Jai Narayan sells two radio sets for 2288 each.

Answer 1

Answer:

1%

Step-by-step explanation:

S.P of each radio=$ 2288

Total S.P=$2\times 2288=$$4576

Gain=10%

Lose=10%

C.P=$\frac{S.P\times 100}{100+gain(in\;percent)}$

C.P=$\frac{S.P\times 100}{100-loss(in\;percent)}$

By using the formula

C.P of one radio=$\frac{2288\times 100}{110}=$$2080

C.P of another radio=$\frac{2288\times 100}{100-10}$=$2542.2

Total C.P of two radios=2080+2542.2=$4622.2

Total C.P >Total S.P

Loss=S.P-C.P

Loss=4622.2-4576=$46.2

Loss%=$\frac{Loss}{C.P}\times 100$

Loss %=$\frac{46.2}{4622.2}\times 100=$1%

Hence, his loss 1%