Question

the cost price of an article is 96%of its selling price . find the loss or the gain as percent on the whole.​

Answer 1

Answer:

Gain of 4.17% ~ 4.2%

Step-by-step explanation:

Let x be the selling price.

CP = 0.96x

Profit% = [SP - CP/CP] * 100

           = [x - 0.96x/0.96x] * 100

            = [0.04x/0.96x] * 100

            = 4.167% ~ 4.17% or 4.2%

             

Answer 2

Answer:

Refers to the attachment