Question

A person loses 20%by selling an artical for rs 450 at what price must sell in order to make a profit of 20%?

Answer 1

Your answer is here


Article selling price is 450

Loss present is 20 %

It means that 450 is equal to 80 % of real cost

Because cost is 100 % and loss is 20% then 100 - 20 = 80

80 % = 450

If 80 present equal to 450 then 100 is

100 % = 450 ÷ 80 × 100

100 % = 562.5

Now he wants to make 20 % profit on it

If 562.5 is 100 % and 20% profit on it then 100 + 20 = 120%

20 % of 562.5 is

20%= 562.5 × 20 ÷ 100

20 % = 112.5

Then 100% + 20%

562.5 + 112.5 = 675

Your answer is 675

I hope it's helpful for you. Thank you