Q29 of 94 Page 134

A radio is sold for Rs.3120 at a loss of 4%. What will be the gain or loss per cent if it is sold for Rs.3445?

Let × be the CP of a Radio


SP



So, CP of a Radio is Rs.3250.


New SP = Rs.3445


Since SP > CP, it will be a case of Gain


Gain = SP – CP


= 3445 – 3250


= Rs.195



= (195 × 100) / 3250


= 6%


So, if Radio is sold at Rs.3445. Gain Percent will be 6%.


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