Question

Find the gain or loss percentage if C.P is 96% of the S.P

Answer 1

Answer:

4% gain

Step-by-step explanation:

let the S.P be x

then CP =96% of x

96x/100

hence S.P is greater than CP it's profit

profit = SP-CP

x-96x/100

4x/100

profit%=profit/C.P*100

=4x/100÷x*100

=4%