By selling a television set for 4500 rupees Ganga incurred a loss of 10% had he sold it for 4900 rupees would she have made a profit or loss what would be her loss or profit her percent
If by selling a t.v for 4500, Ganga had incurred a loss of 10%, then that means that the original price of the t.v was x.
Therefore,
100%-10% = 90%
X * 90/100 = 4500
X = 4500 *100/90
X=5000
New selling price is 4900.
Loss/gain % = (profit/loss upon cost price) multiplied by hundred
It is a loss as 5000>4900
5000-4900 = 100
Therefore
100/5000 * 100
=2 %
Hence, it would still be a 2% loss. The loss is of 100.
Therefore,
100%-10% = 90%
X * 90/100 = 4500
X = 4500 *100/90
X=5000
New selling price is 4900.
Loss/gain % = (profit/loss upon cost price) multiplied by hundred
It is a loss as 5000>4900
5000-4900 = 100
Therefore
100/5000 * 100
=2 %
Hence, it would still be a 2% loss. The loss is of 100.