Question

on selling a chair for 736 rupees a shopkeeper suffers a loss of8 percent. at what price should he sell it so as to gain 8 percent ?

Answer 1

First the question you asked is of mathematics npt of bio.

Your answer-

SP= 736
L%= 8%
CP = 100/(100-L%)×SP
CP = 100 / (100-8)×736
=100/92×736
= 800
P%= 8%
SP = ( 100 + 8 ) ×100/ 800
= 10800/800
= 864

Answer 2

SP=₹736

Loss=8%

CP= 100/100-L%×SP

= 100/100-8 ×736

= 100/92 ×736

= ₹800

CP= ₹800

Gain=8%

SP= 100+G%/100 ×CP

= 100+8/100 ×800

= 108/100 ×800

= ₹864

HOPE IT HELPS!

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