A boy incurs 5% loss by selling a book for Rs. 1000. At what price should the book be sold to earn 5 % profit? Choose the correct choice
A) 1105.26 B) 1105.29 C) 1105.22 D) 11105.21 E) 1103.26
Explanation:   Let the new selling price be Rs. x   (100 – loss %) /1000 = (100 + gain %) / x   (100 – 5) / 1000 = (100 + 5) / x   x = (105 × 1000) / 95 = 105000 / 95   x = 1105.26.\   1105.26NSWER: 1105.26
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A boy incurs 5% loss by selling a book for Rs. 1000. At what price should the book be sold to earn 5 % profit?