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Here is your question.
▶By selling a bicycle for ₹2024,the shopkeeper loses 12%. If he wishes to make a gain of 12%, What should be the selling price of the bicycle? ◀
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SP of the bicycle = 2024
Loss = 12%
CP = ?
SP= (1-L/100)*CP
2024 = ( 1-12/100)×CP
2024 =( 88/100) ×CP
CP=2024×100/88
CP= 2300
Now,
CP = 2300
Profit = 12%
SP = (1+P/100)×CP
SP= (1+12/100)×2300
SP = 112/100×2300
SP = 2576
Hope it helps
Loss = 12%
CP = ?
SP= (1-L/100)*CP
2024 = ( 1-12/100)×CP
2024 =( 88/100) ×CP
CP=2024×100/88
CP= 2300
Now,
CP = 2300
Profit = 12%
SP = (1+P/100)×CP
SP= (1+12/100)×2300
SP = 112/100×2300
SP = 2576
Hope it helps
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