A person sold a photo frame at Rs 48 at 20% loss, what would be the price of the photo frame if the Seller sale it at 20% profit?
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Let the cp of photo frame be 100
For 20 % loss sp = 100 - 20 % of 100
= 100 - 20 = ₹ 80
Cp = 100 × 48 / 80 = ₹ 60
When cp = ₹ 60
Again let the cost price =100
For 20% gain sp = 100 + 20% of 100
= 100 + 20 = 120
So cp = 120 × 60 / 100 = ₹ 72
answer = ₹ 72
For 20 % loss sp = 100 - 20 % of 100
= 100 - 20 = ₹ 80
Cp = 100 × 48 / 80 = ₹ 60
When cp = ₹ 60
Again let the cost price =100
For 20% gain sp = 100 + 20% of 100
= 100 + 20 = 120
So cp = 120 × 60 / 100 = ₹ 72
answer = ₹ 72
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