By selling a tape-recorder for 950, I lose 5%. What percent shall I gain by selling it for a 1040?

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RRB ASSISTANT LOCO PILOT (Patna) 2013 click here to view all questions

By selling a tape-recorder for 950, I lose 5%. What percent shall I gain by selling it for a 1040?

A0.04

B0.045

C0.4

D0.05

rahul ? Jan 14 '2020 at 12:39

Correct answer is : 0.04

Explanation:

CP of the tape recorder \(=\frac{100}{95}\times 950= 1000 Rs.\)

Gain=1040-1000=40 Rs. %

Gain = \(\frac{40}{1000}=0.04\)

 

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Correct answer is : 0.04 Explanation: CP of the tape recorder \(=\frac{100}{95}\times 950= 1000 Rs.\) Gain=1040-1000=40 Rs. % Gain = \(\frac{40}{1000}=0.04\)   rahul ? answered Jan 14 '2020 at 12:39 All Comments

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