4. On selling an article for Rs.48, a shopkeeper loses 20%. In order to gain 20%. what would be the selling price?
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Sp = 48
L% = 20%
Cp = 100/(100 - L% )x sp
= (100 / 80 )x 48
Cp = 60
G% = (100+g%)/100x cp
(120/ 100 ) x 60
720/ 10. = 72
Answered by
1
Selling an article for Rs 48 one entails a loss of 20%.
S. P. = Rs 48
% loss = 20%
Therefore, the cost price of the article = 48 × (100/80) = Rs 60
Selling Price of the article to make a gain of 20% = C P [ 1 + (Gain percentage/100)] = 60 × [ 1 + (20/100)] = 60 × 1.2 = Rs 72.
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