Question

A shopkeeper incurs a loss of 12% by selling a CD player for ₹1760.At what price should he sell to make a profit of 4%

Answer 1

Answer:

selling price of cd=1760+12%of loss

to make the profit =the selling price of cd +4%of the selling price

Answer 2

Answer:

To make 4% profit, the new S.P.= Rs. 2050.048= Rs. 2050.05

Step-by-step explanation:

Given Data:

S.P.- Rs. 1760

%Loss- 12%

C.P. = S.P.+ Loss= 1760+1760×12%

C.P.= 1971.2

To make gain= 4%

New S.P. = 1971.2+ 1971.2×4%= 2050.048

Hence, the selling price= Rs. 2050.05