Question

A person gains 8% by selling a taperecorder for 972. If he would have sold it for Rs. 872,his loss would have been?​

Answer 1

S.P. at 4% profit 104\%

= 1040

∴100=1040104×100

C.P. = 1000

Loss % at selling on 950

=1000−9501000×100=5%

Answer 2

Answer:

Given,

Profit percent =8%

Therefore:

If selling price is 108 cost price will be 100.

If selling price is 1 cost price will be

108

100

If selling price is 972 cost price =

108

100

×972=900

If the radio is sold for 872 there will be a loss of=(872−900)=Rs.28