Question

A mobile phone is sold for Rs 3,120 at loss of 4% .What will be the gain or loss percent. If it is sold for Rs 3,640?

Answer 1

Answer:

12%

Step-by-step explanation:

sold price =Rs 3120

loss=4%

Cost price will be = 3120x100/96. [100-4=96]

=Rs 3250

If the mobile phone sold for Rs 3,640

Then the gain percentage will be

=(3640-3250) x 100/3250

=390x100/3250

=12

So the gain percentage is 12%.