by selling an almari for rupees 10416 a man gains 12% what will be his gain or loss if it is sold for rupees 9114
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By selling an almirah for ₹10416
Man gains 12%
So the cost price of that almirah was ₹10416*100/112 =₹9300
Now he sells it for ₹9114
Loss of = ₹(9300-9114) = ₹186
Loss percentage =186/9300* 100 = 2%
Man gains 12%
So the cost price of that almirah was ₹10416*100/112 =₹9300
Now he sells it for ₹9114
Loss of = ₹(9300-9114) = ₹186
Loss percentage =186/9300* 100 = 2%
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