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Question No.:55 Out of 100 (Sec-A) /1 Marks
A machine is sold for Rs. 5,060 at a profit of 10%. What would have been the gain or loss percent if it had been sold for Rs. 4,370?
B] Loss of 10%
A] Profit of 10%
D] Profit of 5%
C] Loss of 5%​

Answer 1

Answer:

Profit- Sp / 100* profit%

profit= 5060/ 100*10

profit= 506

cp= sp - profit

cp= 5060 - 506

cp= 4554

If it had been sold for ₹ 4370

then,

sp= ₹4370 , cp= ₹4554

it would be a loss because sp is greater then cp

loss= cp- sp

loss= ₹4554 - ₹4370

loss= ₹184

loss%= loss*100/ cp

loss%= 184*100/ 4554

loss%= 4.04%