Question

by selling an article for rupees 4550 Tony incurs a loss of 9 percent what percent will he gain or loss by selling it for rupees 4825?

Answer 1

Let the CP be Rs 100.
Loss = 9% i.e. Rs 9
SP will be Rs (100-9) =Rs 91
Now, By Unitary method
If 91 is SP , then 100 is CP.
And if 4550 is SP , CP will be 100/91 *4550 = Rs 5000.
Now, New SP = 4825
We can see , CP is greater than SP , so again loss = (5000-4825) = Rs 175.
Loss % = 175/5000 *100 = 7/2 = 3.5

Answer 2

Step-by-step explanation:

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