Question

By selling a chair for Rs. 500, Raman loses 10%. For how much should he sell the chair so as to gain 8%. ​

Answer 1

Answer:

Step-by-step explanation:

Selling price = ₹ 500

Loss percent = 10 %

$Cost \ price = \dfrac{100}{100-loss}*Selling \ price\\\\=\dfrac{100}{90}*500$

= ₹ 555.56

Gain = 8 %

$Selling \ price =\dfrac{100+gain}{100}*cost \ price\\\\=\dfrac{108}{100}*555.56$

= ₹ 600