Question

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 Rs.9114?​

Answer 1

Answer:

SP of almirah = 10416 Rs

and

gain% = 12 %

C.P = 100 × S.P / (100 + gain%)

loss% = 100 * loss / C.P

C.P = 100 ×10416 / (100 + 12)

C.P = 1041600 / 112 = 9300 Rs

now,

when the almirah sold for RS 9114

then the seller get loss of 186 Rs

loss% = 100 * loss / C.P

loss% = 186 * 100 / 9300

= 18600 / 9300 = 2%

Seller's loss percent is 2 %