A table is sold for Rs. 5060 at a gain of 10%. What would have been the gain or loss percent it had been sold for Rs. 4370?A5% gainB5% lossC2% lossD3% gainAnswer: B. 5% lossRead Explanation:Costprice = (5060 x 100)/110 = 4600 Selling price = 4370 loss = 4600 - 4370 = 230 Loss percentage = loss/Costprice x 100 = 230/4600 x 100 = 5% Open explanation in App