AI Mentor

Check Your IQ

Free Expert Demo

Try Test

Courses

Dropper NEET Course Dropper JEE Course Class - 12 NEET Course Class - 12 JEE Course Class - 11 NEET Course Class - 11 JEE Course Class - 10 Foundation NEET Course Class - 10 Foundation JEE Course Class - 10 CBSE Course Class - 9 Foundation NEET Course Class - 9 Foundation JEE Course Class -9 CBSE Course Class - 8 CBSE Course Class - 7 CBSE Course Class - 6 CBSE Course

Offline Centres

If a radio is sold at Rs. $972$ , then profit is $8 %$ . If it is sold at Rs. $872$ , then there is a loss of

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

Rs.

25

Rs.

15

Rs.

28

Rs.

20

answer is A.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

Given that if a radio is sold at Rs.

972

, then profit is

8 %

.
Let the cost price of the radio is

Rs . x

.
Since,

S . P . - C . P . = P % of C . P .

\Rightarrow 972 - x = \frac{8}{100} x

\Rightarrow \frac{2}{25} x + x = 972

\Rightarrow \frac{2 x + 25 x}{25} = 972

\Rightarrow x = \frac{972}{27} \times 25

\Rightarrow x = 900

Hence the cost price of radio is

Rs . 900

.
Now,
Selling price of radio

= Rs . 872

Cost price of radio

= Rs . 900

Therefore,
Loss

=

Cost price

-

Selling price

\Rightarrow

Loss

= 900 - 872

\Rightarrow

Loss

= Rs . 28

Hence when the radio is sold at

Rs . 872

, then there is a loss of

Rs . 28

.
Therefore, the correct option is 1.

Watch 3-min video & get full concept clarity

courses

No courses found

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Online Course for IIT JEE

Best Online Course for NEET

Best Online Course for CBSE

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Get Expert Academic Guidance – Connect with a Counselor Today!