Question

By selling a Tshirt for rs.432. A shopkeeper loses 4%. For how much should he sell it to gain 6%?

Answer 1

Solution:-
Let the cost price be Rs. 'x'
Given : Selling price = Rs. 432 and loss = 4 %
So, according to the question.
x - (x × 4)/100 = 432
x - x/25 = 432
24x = 432*25
x = 10800/24
x = 450
So, the cost price is Rs. 450
Now, the selling price if sell it at a gain of 6 %
Gain = (450*6)/100
Gain = Rs. 27
So,
Selling price = Cost price + Gain
SP = 450 + 27
SP = Rs. 472
So, Selling price should be Rs.472 for getting a gain of 6 %.

Answer 2

Step-by-step explanation:

SP=Rs432

loss=4%

CP=100/(100-loss%)×432

CP=100/(100-4)×432

CP=100/96×432

CP=25/24×432

CP=25×18

CP=Rs 450

Now,the selling price it at a gain of 6%

Gain = 6%

SP=(100+gain%)/100×CP

SP=(100+6)/100×450

SP=106/100×450

SP=106/2×9

SP=53×9

SP=Rs 477

Hope it will help

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