By Selling a chair for $ 420 a dealer suffered a loss of 16% At what price should he sill it to gain 20%
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cp be x
then sp =x-x×16%
=84x/100
84x/100=420
x=500
then sp should at the gain of 20%
sp=500+500×20%
= 500+100=600
sp=600
then sp =x-x×16%
=84x/100
84x/100=420
x=500
then sp should at the gain of 20%
sp=500+500×20%
= 500+100=600
sp=600
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