## A man bought two radio sets for Rs 5000 . He sold one at a loss of 12% and the other at gain of 8% . He neither gained nor loss in the trans

Question

A man bought two radio sets for Rs 5000 . He sold one at a loss of 12% and the other at gain of 8% . He neither gained nor loss in the transaction . Find the cost price of each radio

in progress 0
3 weeks 2021-09-24T20:16:51+00:00 2 Answers 0

1. Step-by-step explanation:

it will be 2500 for 1 set of radio set. so it will be 1250 for the cost of each radio.

3000 radio were sold at a 8%

Step-by-step explanation:

Let x represent the cost of the radio8% loss that was sold at a loss of 12%.

Let y represent the cost of the radio that was sold at a gain of 8%.

A man bought two radio sets for Rs 5000 . He sold one at a loss of 12% and the other at gain of 8%. This means that

x + y = 5000

He neither gained nor loss in the transaction. This means that

0.12x = 0.08y – – – – – – – – – — – -1

Substituting x = 5000 – y into equation 1, it becomes

0.12(5000 – y) = 0.08y

600 – 0.12y = 0.08y

0.08y + 0.12y = 600

0.2y = 600

y = 600/0.2

y = 3000

x = 5000 – y = 5000 – 3000

x = 2000