Question

By selling an article for rs 72 there is a loss of 10 percent.In order to gain 5 percent its selling pruce should be

Answer 1

let the cost price of the article be Rs. 100.

percentage loss = 10%

thus the selling price = cost price - loss

= 100-10

= Rs. 90

if the selling price of the article is Rs. 90, the cost price = Rs. 100

if the selling price of the article is Rs. 72 , the cost price = Rs.100/90^72 Rs.80

thus the cost price of the given article = Rs. 80

if the % gain = 5%

total gain = Rs.80^5/100= Rs.4

thus selling price = cost price + gain

= Rs. 80+4

= Rs. 84

hope this helps you.