Question

A shopkeeper sold an article for ₹ 7200 at a loss of 10 % at which price should he sell it so as to gain 5%

Answer 1

hey mate here is your answer ☦☦☦☦☦☦☦☦☦
cp= 100×7200/90 because of loss according to formula
CP= 8000
At 5% profit
sp= 105× 8000/100
so, sp = 8400
sp- selling price
CP - cost price

Answer 2

Given, Selling price = 7200.

Given, Loss = 10%.

We know that Cost price = [100/ (100 - Loss%)] * SP

⇒ [100/90] * 7200

⇒ 8000.

Given, Gain = 5%.

We know that Selling price = [(100 + Gain%)/100] * CP

⇒ [105/100] * 8000

⇒ 8400.

Therefore, he should sell at 8400..

Hope this helps!