A man sold his scooter for `8000 and lost 20%. For what amount he should have<br />
sold it to gain 20%?
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Step-by-step explanation:
follow the above steps
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Answer: 12,000
Step-by-step explanation:
SP=8,000
Loss%=20
CP= (100×SP)÷100-Loss%
= (100×8,000)÷100-20
= (8,00,000)÷80
= 10,000
Let the price he ought to sell his scooter at be the new SP
Gain%=20
New SP=CP+(20/100×CP)
=10,000+
(20/100×10,000)
=10,000+
(2/10×10,000)
=10,000+(2×1,000)
=10,000+2,000
=12,000
.'. The amount he should have sold his scooter at is 12,000rs
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