Question

On selling a t shirt for 648rs a shopkeeper losses 4%.for much should he sell it to gain 4%.

Answer 1

Answer:

₹ 675(CP) and ₹ 702(SP)

Step-by-step explanation:

Given,

Selling price of the T-shirt = ₹ 648

Loss earned = 4%

Let the cost price of the T-shirt be = ₹x

Loss = ₹(x/25)

Selling price = ₹ 24x/25

24x/25 = 648

x = 675

Hence, the cost price of the T-shirt was ₹ 675.

Profit = 675/25

         = ₹ 27

New selling price = ₹ (675 + 27) = ₹ 702

Hence, his new selling price was ₹ 702.

Hope it helps you....