**When A mobile phone is sold for 5060 with profit 10% then when its sold for Rs 4370 there is a loss of 5%.**

**Let’s solve Step-by-step :**

**Given : **A mobile phone is sold for Rs 5060 at a gain of 10%.

**To Calculate:** What would have been the gain or loss per cent if it had been sold for Rs 4370 ?

**Solution :**

The selling price is SP=Rs.5060.

On this price gain is 10 percent , So

The gain percent is G%=10%

**The cost price formula is,**

The cost price is Rs.4600.

The selling price is Rs.4370.

**AS CP ( Cost price) >SP ( Selling price) there is a loss.**

Loss = Cost price – Selling price

Loss = 4600- 4370

Loss =Rs. 230

**Loss percentage is calculate by,**

### When a mobile phone is sold for 5060 Rs with 10% profit, calculate loss percent if sold for 4370 Rs

Answer : The loss percent will be 5 %