Question

on selling an article for rupees 24560 a loss of 20.9% is incurred for how much should it be sold to gain 6%

Answer 1

Selling Price = 24560

loss % = 20.9%

Let the cost price = x

cost price - cost price×loss Percentage = Selling price

x - x ×20.9% = 24560

x - 0.209x =24560

0.791x = 24560

x = 24560/0.791 = 31050 = cost price

required Gain = 6%

Gain = cost price × Gain Percentage = 31050×6℅ = 1863

Required selling Price = cost price + Gain = 31050 + 1863 = 32913