Shopkeeper selling on article for Rs. 46 loses 8%. In order to gain of 6%, what should be the selling price of the article ?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Rs.53
92% of cp = 46
cp × 92/100 = 46 , cp = 4600/92 = 50
in order to gain 6% on cp the selling price will be
106% of 50 = 106/100 × 50 = 53