SOLUTION: by selling a towel for rs. 126.90, a man loses 6%, for how much should he sell to gain 4%

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Question 370658: by selling a towel for rs. 126.90, a man loses 6%, for how much should he sell to gain 4%
Answer by mananth(16946) About Me  (Show Source):
You can put this solution on YOUR website!
He loses 6% on the sale
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SP = selling price
CP = cost price
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SP = 94 when CP = 100
SP== 126.90 CP=?
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CP= 126.90*100/94
=135.
..
He wants 4 % profit
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4% of 135 = (4/100)*135= Rs 5.40.
Add it to CP
135+5.40 = 139.40. will be SP
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m.ananth@hotmail.ca