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Given :-
- Selling price of radio at profit of 10% is Rs.990
To Find :-
- Gain or loss% when the selling price of the radio is Rs.890
Solution :-
- Profit% of an article is given by ,
We have ,
- Profit% = 10%
- Selling price (SP) = Rs.990
- Cost price (CP) = ?
Substituting the values we have ,
- Since the change in Cost price is not mentioned . The Cost price will remain constant i.e , Rs.900
- Selling price = Rs.890 [Given]
Here (SP) < (CP)
- So , There must be a loss.
- Loss% of an article is given by ,
Substituting the values ,
•Therefore , The loss% is 1% . Hence , Option(D) is the required answer.
Answered by
123
Answer:
Given :-
Selling price of radio at profit of 10% is Rs.990
To Find :-
Gain or loss% when the selling price of the radio is Rs.890
Solution :-
Profit% of an article is given by ,
We have ,
Profit% = 10%
Selling price (SP) = Rs.990
Cost price (CP) = ?
Substituting the values we have ,
Since the change in Cost price is not mentioned . The Cost price will remain constant i.e , Rs.900
Selling price = Rs.890 [Given]
Here (SP) < (CP)
So , There must be a loss.
Loss% of an article is given by ,
Substituting the values ,
•Therefore , The loss% is 1% . Hence , Option(D) is the required answer.
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