the selling price of an article is 96% of its cost price. find the loss or gain as percentage on the whole
please help
Answers
Answered by
1
Answer:
profit of 4%
Step-by-step explanation:
cost price = 100%
selling price =96%
profit formula = cost price-selling price=profit
Answered by
2
Answer:
Let C.P. = ₹100
S.P. = 96% of C.P.
= ₹96/100 × 100
= ₹96
∴ Loss = ₹100 - ₹96
= ₹4
And loss percent = (Loss × 100)/C.P.
= 4/100 × 100%
= 4%
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