A profit earn by selling an article of rs. 1500 is three times the loss incurred ,if the same article is sold for rs. 900. in order to earn a profit of 20%,at what price should the article be sold?
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Let CP = x
1500 - x = 3 (x - 900)
1500 - x = 3x - 2700
4x = 4200
x = 1050
Profit = 20%
SP = 120/100 * 1050
= 1260
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