Multiple choice

On selling a tape recorder for Rs. 3600, Suresh loses 10%. Calculate his loss or gain % if he sells it for Rs. 4225.

  1. 45/6%

  2. 42/8%

  3. 55/8%

  4. 44/8%

  5. 45/8%
Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

S.P. = Rs. 3600. Let, C.P. be 'x'. S.P. = C.P. - Loss. 3600 = 9x/10x = Rs. 4000. Therefore, C.P. = Rs. 4,000. New S.P. = Rs. 4,225. Profit = 4225 - 4000 = Rs. 225P% = (P/ C.P.) x 100 = 45/8%

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