Asked by RJ
A person is selling an item with some loss. Loss increased by 4% while selling price decreased by 5%. What percentage of the sale of the item at a loss?
Answers
Answered by
GPT 3.5
Let's assume the original selling price is $100.
4% of the loss is 4/100 * $100 = $<<4/100*100=4>>4.
So, the selling price decreased by $4 to $100 - $4 = $<<100-4=96>>96.
The loss increased to $4.
The percentage loss on the selling price is ($4/$100) * 100 = 4%.
Therefore, the item is sold at a loss of 4%. Answer: \boxed{4}.
4% of the loss is 4/100 * $100 = $<<4/100*100=4>>4.
So, the selling price decreased by $4 to $100 - $4 = $<<100-4=96>>96.
The loss increased to $4.
The percentage loss on the selling price is ($4/$100) * 100 = 4%.
Therefore, the item is sold at a loss of 4%. Answer: \boxed{4}.