By selling a steel almirah for rs 3600. A merchant loses 10%. Calculate his loss or gain percent if he sells it for 4225.
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Answer:
Step-by-step explanation:
Sp = 3600
L%= 10
cp = 100*sp/100-L%
=100*3600/100-10
=360000/90
=4000
cp = Rs 4000
if he sells in rs 4225
Loss= 4225-4000
=225
L% = Loss*100/cp
=225*100/4000
L%=5.625%
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