Question

A person loses 20% by selling an article for rupees 450 at what price he must sell in order to make a profit of 20%

Answer 1

Answer:

The selling price will be 675 for making the profit of 20 % on the article

Step-by-step explanation:

Loss% = 20

CP = X

SP = 450

CP = (100 / 100- %) SP

X = (100 / 100-20)*450

X = 100/ 80*450

X = 5/4 * 450

X = 5*112.5

X = ₹562.5

FOR MAKING THE 20% PROFIT

= 562.5*20/100

= 562.5*1/5

= 112.5

Profit = 112.5+562.5

= ₹675