When a shopkeeper sells an item A for Rs.52,800, he incurred a loss of 45%. If he sells another item B of same cost price in order to recover the loss incurred by selling A, what would be the selling price of B?
S.P of A = Rs 52,800 Loss% = 45% ∴ C.P of A = (52,800 × 100)/55 = Rs.96,000 ∴ Loss = 96,000 – 52,800 = Rs. 43,200 Given that C.P of B = C.P of A ∴ S.P of B should be = 43200 + 96,000 = Rs. 1,39,200
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