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Dealer sold a radio at a loss of 2.5 %. Had he sold for Rs. 100 more, he would have gained 7 %.In order to gain 12 %, he should sell it for: a) 850 b) 1080 c) 925 d) 1120

Read Solution (Total 4)

If cp is rs x, then
1.07x - 0.975x = 100
x= 100/0.095= Rs 1052.6
For 12% gain,
sp = 1.12*100*1000/95 = Rs 1179

so none of given options is correct.

There may be some mistake in given data. In first case, if loss is 3%, then cp is Rs 1000 and final sp will be Rs 1120.

pls check.
12 years agoHelpfull: Yes(30) No(3)

sp= more rupees(100+%final gain)/ %gain+%loss
100(112)/7+2.5 = 1178.94 ans
12 years agoHelpfull: Yes(11) No(2)
as per the data
ans. is 1178.94rs.
12 years agoHelpfull: Yes(5) No(2)
If cp is rs x, then
1.07x - 0.975x = 100
x= 100/0.095= Rs 1052.6
For 12% gain,
sp = 1.12*100*1000/95 = Rs 1179

so none of given options is correct.

There may be some mistake in given data. In first case, if loss is 3%, then cp is Rs 1000 and final sp will be Rs 1120.

pls check.
12 years agoHelpfull: Yes(5) No(5)

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