Question

shopkeeper sold on item at 8/5 of its cost price .Find percentage gain or lose​

Answer 1

Answer:

Say Cost Price (CP) = x

Actual Selling Price (SP) = (100%–8%)x = 92% * x = .92x

Modified Selling Price = (5% +100%)x = 1.05x

Now I am unsure of the meaning of the words that follow.

“he will get Rs. 520 excess as the selling price”

I am assuming the difference between the 2 selling prices is 520.

Therefore:

1.05x- .92x = 520

= .13x = 520

= x = 4000

Hence, our cost price is 4000.

please mark me brainliest

Answer 2

Answer: 4000

1.05x- .92x = 520

= .13x = 520

= x = 4000

price is 4000.