By selling a tape-recorder for Rs. 1900 , I lost 5\% . What percent shall I gain by selling it for Rs. 2080 ? - Quantitative Aptitude MCQ Practice Paper 2026 | ExamTest.live

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By selling a tape-recorder for Rs. 1900, I lost 5% . What percent shall I gain by selling it for Rs. 2080 ?

Solution & Step-by-step Explanation

Selling Price (SP_{1}) = Rs. 1900, Loss = 5% Cost Price (CP) = \frac{SP _{1} \times 100}{100 - Loss %} = \frac{1900 \times 100}{95} = 20 \times 100 = Rs. 2000 New Selling Price (SP_{2}) = Rs. 2080 Profit = SP_{2} - CP = 2080 - 2000 = Rs. 80 Profit % = (\frac{Profit}{CP} \times 100) % = (\frac{80}{2000} \times 100) % = 4%

Try it yourself before checking the explanation above.

By selling a tape-recorder for Rs. 1900, I lost 5% . What percent shall I gain by selling it for Rs. 2080 ?

4.50%

19%

8.50%

4%

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