Question

By selling an article for 324, a seller loses 10%. At what price, must he sell it to gain 5%?

Answer 1

Answer:

Let the original price Of article be = x /-

Now selling price = 324/-

so x - 10%of x = 324

x - 10x/100 = 324

100x-10x = 324

100

90x = 324 * 100

. x = 324* 100. = 360

90

x = 360 is the original price ...

Selling price after loss of 10% = 324

so to gain 5% He must sell at

360 * 5% = 360 * 5/100 + 360

= 18 + 360 = 378

He should sell at 378 to gain 5%