Question

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

Answer 1

he suffers 8% loss it's mean

92%=736

then , 1%=736/92

so 108%= (736/92)×108 = 864

Answer 2

hey mate

if the chair price is x
and it is sold for 736 at a loss of 8 %
$x - \frac{8}{100} \times x = 736 \\ 92x = 7360 \\ x = \frac{73600}{92} \\ \ x= 800$
to gain 8 % of profit
$800 + \frac{8}{100} \times 800 = x \\ 800 + 8 \times 8 = x \\ 800 + 64 \\ = 864$
the shopkeeper should sell the chair for Rs 864 to gain 8% of profit