Question

7. By selling a cycle for 660, a shopkeeper losses 12% of its cost. At what price should it be sold in order to gain 8%​

Answer 1

Answer:

244/625

Step-by-step explanation:

A cycle for rs 660 at 12% loss so let the sp=x now

C.P=100*S.p/100- loss%

100*x/100-12=100x/88

x=88/100=22/25 now

sp =cp (100+profit/100 )

22/25(100+8/100)

22/25*108/100=244/625 ans