By selling a fan for Rs. 475, a dealer loses 6%. To get a gain of 6%, he should sell the fan for?

A) Rs. 575

B) Rs. 525

C) Rs. 522.50

D) Rs. 498

Given that: S.P=475  , Loss =6%

First we have to calculate C.P

S.P=[ 100 – Loss]/100 * C.P

⇒ C.P = [ S.P x 100] / 100 – Loss

By putting values we get C.P = 505 Rs

To get 6% gain , S.P 

S.P=[ 100 + Gain]/100 * C.P

S.P = Rs. 525