1. By selling a radio for 950. a man loses 5%. What per cent shall he gain by selling it for
1040?
(a) 4%
(b) 4.5%
(c) 5%
(d) 9%
Answers
Answered by
2
Answer:
let the CP be x
then the sp is 95x/100 × 100 = 950
hence x is 1000
so the profit percent is 4%
Answered by
13
Let the cost price be X
The selling price would be X-5% OF X=Rs 950
Therefore 95x/100=950
Therefore X=Rs 1000
By selling the tape recorder at 1040 the profit would be
Rs 1040- Rs 1000= Rs 40
The percentage gain would be 40/1000*100= 4%
Ans ; The percentage gain would be 4%
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