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By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much should he sell it to gain 6% ?
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By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much shoul...
Calculating Selling Price to Gain 6%
Given Data:
- Cost Price of the T-shirt = ₹432
- Loss incurred = 4%
- Profit required = 6%
Calculating the Loss Amount:
- Loss percentage = 4%
- Loss amount = 4% of ₹432 = ₹17.28
Calculating the Cost Price after Loss:
- Cost Price after loss = Cost Price - Loss Amount = ₹432 - ₹17.28 = ₹414.72
Calculating the Selling Price to Gain 6%:
- Let the Selling Price to gain 6% be SP
- Profit percentage = 6%
- Profit amount = 6% of ₹414.72 = ₹24.88
- SP = Cost Price after loss + Profit amount = ₹414.72 + ₹24.88 = ₹439.6
Conclusion:
- To gain a profit of 6%, the shopkeeper should sell the T-shirt for ₹439.6.
This calculation ensures that the shopkeeper not only covers the initial loss incurred but also achieves the desired profit margin of 6%.
Given Data:
- Cost Price of the T-shirt = ₹432
- Loss incurred = 4%
- Profit required = 6%
Calculating the Loss Amount:
- Loss percentage = 4%
- Loss amount = 4% of ₹432 = ₹17.28
Calculating the Cost Price after Loss:
- Cost Price after loss = Cost Price - Loss Amount = ₹432 - ₹17.28 = ₹414.72
Calculating the Selling Price to Gain 6%:
- Let the Selling Price to gain 6% be SP
- Profit percentage = 6%
- Profit amount = 6% of ₹414.72 = ₹24.88
- SP = Cost Price after loss + Profit amount = ₹414.72 + ₹24.88 = ₹439.6
Conclusion:
- To gain a profit of 6%, the shopkeeper should sell the T-shirt for ₹439.6.
This calculation ensures that the shopkeeper not only covers the initial loss incurred but also achieves the desired profit margin of 6%.
Community Answer
By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much shoul...
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By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much should he sell it to gain 6% ?
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By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much should he sell it to gain 6% ? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much should he sell it to gain 6% ? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much should he sell it to gain 6% ?.
By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much should he sell it to gain 6% ? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much should he sell it to gain 6% ? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling a T-shirt for ₹432 a shopkeeper loses 4% for how much should he sell it to gain 6% ?.
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