A radio is sold for 3120 at a loss of 4% . What will be the gain or loss percentage if it is sold for 3445
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SP=Rs 3120
Loss%=4%
∴CP=100/(100-4)×3120
=100/96×3120
=Rs 3250
Again,
CP=Rs 3250
SP=Rs 3445
Gain=3445-3250
=195
∵Gain %=195/3250×100
=6%
Loss%=4%
∴CP=100/(100-4)×3120
=100/96×3120
=Rs 3250
Again,
CP=Rs 3250
SP=Rs 3445
Gain=3445-3250
=195
∵Gain %=195/3250×100
=6%
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