Question

A sofa is sold for rs 2,645 at a loss of 8% what will be the gain or loss percent, if it is sold for 3,105

Answer 1

Answer:

8%

Step-by-step explanation:

It is given that a sofa is sold for Rs 2646 at a loss of 8%, and it is required to find out what will the gain or loss be if it is sold for Rs 3105.

First, we need to find the original price of the sofa.

Let the original price be 'x':

2645 = x-0.08x

2645 = 0.92x

x = 2875 Rs.

Now, the sofa is sold for Rs 3105. Therefore, there is definetly a gain. Now we need to know the percentage of that gain. Let the percentage be 'r'.

3105 = 2875+2875r

230=2875r

r=0.08

Therefore, the gain percentage is 8%.