Question

Saurav sold two radios for Rs. 1200 and Rs. 1350 respectively. He made a profit of 20% on the first radio and 2% profit on the whole. What was the loss percentage on the second radio ?​

Answer 1

Answer:

Step-by-step explanation:

total sold amount= 1200+1350=2550

profit amount on first radio= 1200-(1200/1.2)=1000

purchase amount of 1st radio= Rs. 1000

total purchased amount= (2550/1.02) = Rs. 2500

purchase amount of second radio=  2500 - 1000 = Rs. 1500

loss % on second radio= ((1500-1350)/1500 ) * 100 = 10%