Question

ins. [22,000]
9. A machine is sold for 10,000 at a gain of 25%. What would have been the gain or loss per cent
if it had been sold for * 9,000 ?​

Answer 1

Answer:

12.5%

Step-by-step explanation:

Selling Price (SP) of the machine=10000

Gain percent=25%

Cost Price of the machine= 10000x100/100+25=1000000/125=2000000/25=40000/5=8000

If machine had been sold for=9000

The they have aprofit of =1000

Therefore profit percent =12.5%