Question

On selling a mobile for ₹ 750 a shop keeper loses 10 % for what amount should be he sell it to gain 5% ?

Answer 1

First Find out the cost price. Here SP= 750, Loss= 10% so CP= (750*100)/90= 2500/3 rs. Now he has to gain 5% on this cost price so the new selling price would be (2500/3)x(105/100) = 875 rs.