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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