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3 August, 20:05

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?

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  1. 3 August, 23:07
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    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%
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