Question 60

Shopkeeper selling on article for ₹46 loses 8%. In order to gain of 6%, what should be the selling price of the article?

Solution

Cost Price $$= \frac{Selling Price}{Loss Percentage}$$
$$= \frac{48}{\frac{92}{100}} = ₹ 50$$

In order to gain of 6%,

Selling Price $$= Cost Price \times Gain \% $$

Selling Price $$= 50\times \frac{106}{100} = ₹ 53 $$

Option C is correct.

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