by selling an umbralla for Rs 336,ashopkeeper loses at 4%. at what price must he sell it to gain 4%
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Let cp=100%
loss%=4%
sp=96‰
now
96%=336
1%=336/96
now after 4% profit sp will be 104%
104%=(336/96)×104=364
selling price will be Rs 364.
loss%=4%
sp=96‰
now
96%=336
1%=336/96
now after 4% profit sp will be 104%
104%=(336/96)×104=364
selling price will be Rs 364.
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