SOLUTION: A trader made a loss of 10% on a bicycle he sold for #54000.if he had sold it for #57600, what would have been his percentage loss or gain?

Question 1106514: A trader made a loss of 10% on a bicycle he sold for #54000.if he had sold it for #57600, what would have been his percentage loss or gain?
Answer by josgarithmetic(39630) (Show Source): You can put this solution on YOUR website!
v, original value;

;

-------original value of the bicycle

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if he had sold it for #57600, what would have been his percentage loss or gain?
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Still would be a loss, since less than 60000 # units.

Compute and multiply by 100 to get percent loss.
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