Question

By selling an article for ₹ 6960 .Amita loses 4% At what price should she sell it to gain 12%

Answer 1

Answer:

8120

Step-by-step explanation:

CP is always considered as 100%

according to the problem, 4% loss implies 96% of CP which is equal to 6960

12% gain implies, 112% of CP (value to be determined)

when,

  96% == 6960

  112% ==  X (assumed value)

By cross multiplication,

X = 112*6960/96

X = 8120