Question

On a selling camera for rs 24000 shobhit loses 4% at what price must he sell it to gain 12% ?

Answer 1

24000 is value of 96% so 100%value of camera is 24000×100÷96 = 25000
in this value ee add 12% profit that is 25000×12% =3000 . he sell camera at price 25000+3000= 28000

Answer 2

The CP=x
sp=24000
loss%=4%
The SP %= (100-4)%=96%
Then CP =

96%ofX = 24000
96/100 ×X=24000
X=(24000×100)/96
X=25000

price needed to sell at profit of 12%

Then the need to calculate profit is 12%
Then,
100+12%=112%
Then
112%of 25000
112/100 ×25000
=28000


so he had to sell at 28000to gain 12%