Question

a man buys a T.V. for Rs. 6800 . For how much should he sell it so as to gain 10% and lose 5%

Answer 1

10% of 6800 = 680
5% of 6800 = 340
...
6800 +.1(6800) = price to gain 10%
6800 + 680 = $7,480 price to gain 10%
...
6800 - .05(6800) = price with 5% loss
6800 - 340 = $6,460 price with loss of 5%
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