Question

Ravi lost 20% by selling a radio for Rs.3072. what percent will he gain by selling it for Rs.4080 ?

• A. 5.5%
• B. 4.30%
• C. 6.25%
• D. 7%

Answer 1

Answer:

C. 6.25%

Cost price of radio = $\frac{3072}{80} \times 100$=3840

Gain = Rs. 4080 - Rs. 3840

= Rs. 240

Gain%= 240/3840 x 100%

=6.25%