the fan is sold for ₹3600 at a loss of 4% what would be the gain or loss percent if it was sold for ₹4200
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Answer is
12%
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SP = ₹3600
Loss = 4%
Cp= Sp+loss
Loss = 3600x4/100
= 36x4
=₹144
CP = ₹3600+₹144
=₹3744
New SP = ₹4200
Gain = SP-CP
=₹4200-₹3744
=₹456
Gain%=456x100/3744
=12.8%
Loss = 4%
Cp= Sp+loss
Loss = 3600x4/100
= 36x4
=₹144
CP = ₹3600+₹144
=₹3744
New SP = ₹4200
Gain = SP-CP
=₹4200-₹3744
=₹456
Gain%=456x100/3744
=12.8%
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