Question

A chair was sold for rs 1560 at gain of 5%.AT what price should it be sold to again 8 %​

Answer 1

Answer:

selling price of chair =₹1560

Step-by-step explanation:

gain%=5%

cost price=x

selling price=100+gain%/100×cp

₹1560=100+5%/100×CP

₹1560=105/100×cp

1560×100/105=x

CP=₹1485

By the problem,

New selling price=cp+8%×cp

=₹1485+8/100×1485

there fore new selling price=₹1603