1) By selling and umbrella for $336, a shopkeeper loses 4%. At what price must he sell it to gain 4% ? 2) Luxmi sold to sarees for $1980 each. On one, she lost 10% while on the other she gained 10% find her gain or loss percent in the whole transaction.
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Verified answer
Answer:
Let x be the CP of an umbrella
SP
=Rs.350
So, CP of an umbrella is Rs.350.
New SP to gain 4%
SP
= Rs.364