On selling a chair for 736 rupees, a shopkeeper suffers a loss of 8%. At what price he sell it so as to gain 8%?
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as per data 736 Is obtained by subtracting 8 o/o of cost price from cost
price. let cost price be x.
736=cp-8/100×cp
736=cp (1-0. 08)
736=cp×0. 92
cp=800.
to get 8 o/o profit
sp=cp+8/100×cp
sp=800+8/100×800
sp=800+64
SP=864
price. let cost price be x.
736=cp-8/100×cp
736=cp (1-0. 08)
736=cp×0. 92
cp=800.
to get 8 o/o profit
sp=cp+8/100×cp
sp=800+8/100×800
sp=800+64
SP=864
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