(12) By selling an almirah for 10416, a man gains 12%. What will be his gain or loss per cent if it is
sold for 9114?
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Answer:
0.56%
Step-by-step explanation:
we will have to find the actual cost of the almirah first.
as original cost =selling price - gain
O C =10416- 12% of 10416
O C =10416-1249.92
O C =9166.08
now,
loss =cost price -selling price
loss=9166.08-9114
loss=52.08
loss%=loss/cost price ×100
loss%=52.08/9166.08×100
loss%=0.56%
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