By selling an umbrella for Rs.336, a shopkeeper loses 4%. At what price must he sell it to gain 4%?

Question

Philoid · Accepted 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

So, to gain 4% on Umbrella new Selling Price will be Rs.364.