Question

By selling a camera for rs4800,Mac loses4%.At what price must he sell it to make a gain of 12%

Answer 1

Answer:

rs 5600

Step-by-step explanation:

Let Cp of camera be Rsx

sp = Rs 4800

Cp = 100/ 100-4 × 4800= 100/ 96 × 4800= 5000

required gain = 12%

Cp = Rs 5000 , gain = 12%

Sp = 100+12/100× 5000= 112/100×5000= Rs5600