A person bought an article for rs. 240. For how much should he sell it so as to lose 20%?
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Hey!
Here is your answer...
CP=Rs.240
L%=20%
Formula for finding SP= ((100-L%)/100)×CP
((100-20)/100)×240
=(80/100)×240
=4/5×240
=192
So the person should sell the article at Rs.192.
Here is your answer...
CP=Rs.240
L%=20%
Formula for finding SP= ((100-L%)/100)×CP
((100-20)/100)×240
=(80/100)×240
=4/5×240
=192
So the person should sell the article at Rs.192.
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