Q. 984.2( 5 Votes )

On selling a chair for Rs 736, a shopkeeper suffers a loss of 8%. At what price should he sell it so as to gain 8%?

Answer :

Given that, selling price of chair = Rs.736,which led to loss of 8%.

We know,

Also, Loss = Cost price - Selling price

cost price = Rs.800


And, Gain = Selling price - Cost price

selling price so as to gain 8% = Gain + cost price

= 800 + 64

= Rs.864

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