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this is the solution of your question .....
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Given:
- Selling Article at rs.4550
- Loss percentage = 9%
Find:
- What percentage would be gain or loss by selling it for rs.4825
Solution:
Let, the cost price be rs. x
Now,
Given, S.P. = rs.4550
C.P. - LOSS = 4550
So, C.P. of the article is rs.5000
Now, S.P. = rs.4825
∵C.P. > S.P.
So, Loss = C.P. - S.P.
Loss = 3.5%
Hence, 3.5% would be loss by selling it for rs.4825
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