By selling an article for Rs 5650 , Mohit incurs a loss of 8%. What percent would he gain or less by selling it for Rs5857?
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Answer:
4.6% loss
Step-by-step explanation:
Selling Price = Rs.5650
Loss = 8%
=> (100-8)% of C.P. = S.P.
=> 92% of C.P. = 5650
=> 92/100 × C.P. = 5650
=> C.P. = Rs.6141
New selling price = Rs.5857
Loss = Rs.(6141-5857) = Rs.284
Loss % = 284/6141 × 100 = 4.6%
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