Answers

2015-11-08T09:19:49+05:30
Gain = Rs.600
selling price with 20% gain = Rs.3600

loss = Rs.720
selling price with 20% loss = Rs.2880

cost price > selling price
loss = cost price - selling price
       = Rs.3000 - Rs.2880
       = Rs.120
loss% = 120/3000*100
          = 4%
he sold sold his cycle with 4% loss.
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