Question

by selling a bicycle for Rs.2024 a shopkeeper loses 12% if he wishes to make a gain of 12% what should be the selling price of the bicycle

Answer 1

Answer:

SP=2576

Step-by-step explanation:

given,

SP=2024

Loss=12%

CP=SP*100/(100-loss)

CP=2024*100/88

CP=2300

if he wishes gain =12% what is selling price

SP=((100+gain)*CP)/100

SP=112*2300/100

SP=2576