Question

a television is sold for rupees 5060 a profit of 10% If the television sold for rupees 4370 then what will be the loss percentage​

Answer 1

Answer:

There is a loss of 5%.

Step-by-step explanation:

Given : A mobile phone is sold for Rs 5060 at a gain of 10%.

To find : What would have been the gain or loss per cent if it had been sold for Rs 4370 ?

Solution :

The selling price is SP=Rs.5060

The gain percent is G%=10%

The cost price is given by,

CP=\frac{100}{100+G\%}\times SPCP=

100+G%

100

×SP

CP=\frac{100}{100+10}\times 5060CP=

100+10

100

×5060

CP=\frac{100}{110}\times 5060CP=

110

100

×5060

CP=Rs.\ 4600CP=Rs. 4600

The cost price is Rs.4600.

The selling price is Rs.4370.

AS CP>SP there is a loss.

Loss = Cost price - Selling price

Loss = 4600- 4370

Loss =Rs. 230

Loss percentage is given by,

L\%=\frac{L}{CP}\times 100L%=

CP

L

×100

L\%=\frac{230}{4600}\times 100L%=

4600

230

×100

L\%=5\%L%=5%

Therefore, there is a loss of 5%.