Question

By selling an umbrella for ₹336,a shopkeeper loses 4%.at what price must he sell it to gain 4%

Answer 1

C.P = 100 S.P/100-L

= 100 ✖ 115.20 / 100-10

= 11520/90

= 128 Rs.

So new S.P

S.P = [ 100 + g ] C.P / 100

= 100+25 ( 128) / 100

=160 Rs.

Kishore must sell the umbrella for 160 Rs to gain 25%

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