Question

by selling a bicycle for rs2024 a shopkeeper loses 12%if he wishes to make a gain of 12% what will be the selling price of bicycle

Answer 1

2024*100*112/92*100 =2024*112/92=2464

Answer 2

Price shopkeeper sold the bicycle at-2024 Loss gained by the shopkeeper-12% Profit shopkeeper wants to gain -12% Let the actual priceof the bicycle be X X ___ ×12=2024 100 X ___ =2024 100 _____ 12 X ____=168.6667 100 X=168.6667×100 X=16866.67 The bicycle was for Rs 16866.67 For profit of 12% the shopkeeper should sell it at: 22% of 16866.67=2024 The shopkeeper should sell it for: 16866.67+2025 18890.67