Question

By selling a tape recorder for 950 , i lose 5%.What percent shall i gain by selling it for a 1040

Answer 1

Answer:

Step-by-step explanation:

Answer 2

Answer:

4%

Step-by-step explanation:Selling price is 950 which is at a loss of 5%

Let the cost price be X

The selling price would be X-5% OF X=Rs 950

Therefore 95x/100=950

Therefore X=Rs 1000

By selling the tape recorder at 1040 the profit would be

Rs 1040- Rs 1000= Rs 40

The percentage gain would be 40/1000*100= 4%

Ans ; The percentage gain would be 4%