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# On selling a chair for Rs 736, a shopkeeper suffers a loss of 8%. At what price should he sell it so as to gain 8%

**Solution:**

Selling Price (SP) of a chair = Rs. 736

Loss on selling a chair = Rs. 8%

The cost price (CP) of the chair is = Rs. (100/92) × 736 = Rs. 800

Selling Price(SP) to gain 8% = Rs. (108/100) × 800 = Rs. 864

**✦ Try This: **On selling a chair for Rs 810, a shopkeeper suffers a loss of 10%. At what price should he sell it so as to gain 10%?

Selling Price (SP) of a chair = Rs. 810

Loss on selling a chair = Rs. 10%

The cost price (CP) of the chair is = Rs. (100/90) × 810 = Rs. 900

Selling Price(SP) to gain 10% = Rs. (110/100) × 800 = Rs. 880

**☛ Also Check: **NCERT Solutions for Class 8 Maths

**NCERT Exemplar Class 8 Maths Chapter 9 Problem 98**

## On selling a chair for Rs 736, a shopkeeper suffers a loss of 8%. At what price should he sell it so as to gain 8%

**Summary:**

On selling a chair for Rs 736, a shopkeeper suffers a loss of 8%. The shopkeeper should sell at Rs. 864 to make a profit of 8%

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