by selling a tie for rupees 285 a shopkeeper loses 5% at what price should he sell the tie so as to gain 15%
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Answer:
Step-by-step explanation:
selling value of shirt = 285
loss = 5%
therefore 285 is 95% of total cost of shirt
let the total value of shirt be x
95% of x=285
95/100 * x =285
19/20 * x= 285
x = 285*20/19
x= 15*20
x=300rupees
total cost of shirt = 300
for profit of 15 percent,
15% of 300=15/100*300
=15*3
=45rupees
for 15% profit he should sell the shirt for
300 + 45
=345 rupees
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