By selling an umbrella forgain 4%?336, a shopkeeper loses 4%. At what – InterviewSolution

1.

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

Answer»

Let cost price of umbrella be CP

Then,336 = CP(1 - 4/100)336 = CP(24/25)CP = 14*25CP = 350

Therefore, umbrella should be sold at price for 4% gain= CP(1 + 4/100)= 350*(26/25)= 14*26= Rs 364

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