189. Find gain%.
6. On selling a pen for 48, a shopkeeper loses 20%. In order to gain 20% what would be the
selling price?
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Answer:
Selling price is given 48 rupees
let the cost price be "x"
so
for 20% loss
and 80% of amount
(48/x)*100=80
x= 60
so the cost price will be 60 rupees
and for 20% profit
equation will be
y = 20*60/100 = 12
where y is profit of the amount
so total selling price for 20% profit will be
S.P. = 60+12
S.P. = 72 rupees
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