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Q.

By selling a radio for Rs.950, a man loses5% . What percent shall he gain by selling it for Rs.1040

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a

4%

b

4.5%

c

5%

d

9%

answer is A.

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Detailed Solution

s.p=Rs.950    lose%=5%    c.p=?

c.p=100100loss%×s.pc.p=1001005×950c.p=10095×950c.p=Rs.1000

c.p=Rs. 1000, s.p= Rs.1040 ,gain%=?

gain%=s.pc.pc.p×100=104010001000×100=401000×100=4

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