By selling a casserole for Rs.960, a man incurs a loss of 4%. At what price should he sell the casserole to gain 16%?

Answer 1

Cp-Loss=Sp1
x-4%x=960
x=1000=Cp1
Then
Cp+Profit =Cp2
1000+16%*1000=Cp2
Cp2=1160
Ans:sale price of casserole 1160 to gain 16%profit.

Answer 2

Ans is 1160rs