Question

On selling a chair for 736, a shopkeeper suffers a loss 8%. at what price should he sell it to so as to gain 8% ?

Answer 1

Answer:

According to question,

CP = SP + GAIN PERCENT ( SINCE IT IS LOSS)

CP = 736 + 8 / 100 × CP

CP - 8 / 100 CP = 736

92/100CP = 736

CP = 73600/92

CP = 800 rupees

To Gain 8 percent he will have to sell the chair at ,

800 + 8/100 × 800

864 rupees (ANS)

Answer 2

Answer:

864

Step-by-step explanation:

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8% loss means 8/100 = 2/25

25 ----------->23

Here 23 means 736

So, 1 unit would mean 736/23 = 32

Hence, 25 would mean = 32*25 = 800

This means he had bought for 800

Now to have a gain of 8% = 2/25

25 ------>27

Here 25 means 800

So 1 unit = 800/25 = 32

27 unit = 32*27

= 864