Question

By selling a bicycle
for 2024,a shopkeeper loses 12%. If he wishes to make a gain of 12%,what will be the selling price of bicycle.

Answer 1

Hey there!

Let the CP be Rs x
Loss = 12% of x

So, SP = CP - Loss
            = x- 12x/100
            =88x/100

According to ur Question,,

88x/100 = 2024
⇒x = (2024×100)/88
      = 2300 

So, CP = Rs 2300

Now, for 12% gain,
Gain = 12% of 2300
        =(12/100)×2300
        =276 
Gain = Rs 276

So, SP = CP + gain 
            = 2300 +276
            =2576

SP = Rs 2576

HOPE IT HELPED ^_^
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Answer 2

For getting 12% profit he will have to sell it on 2576