Question

By selling a garment for rs 460,a shopkeeper incurs aloss of 8%.at what price should he sell the garment to get a profit of5%

Answer 1

Sp= 460
CP=X
8%LOSS
8/100 OF CP
8/100X

SP=CP-LOSS
460=X-8/100X
460=92/100X
(460 X 100)/92=X
500=X
SP WITH 5%PROFIT
CP+(5%CP)
500+25
525