Question

A shopkeeper lost 20% by selling an article for rupees 1200 at what price should he have sold the article to gain 20%

Answer 1

HEY MATE______>

HERE'S YOUR SOLUTION :-
20% of ₹1200 = 20/100*1200 = ₹240
₹(1200-240) = ₹960

No to Get the Gain of 20% on the price of the article he sold , let's see.....
20% of ₹960 = 20/100*960 = ₹192

So , His gain amount = ₹192
Amount at the end to sell = ₹(960+192) = ₹1152

:• ₹1152 is the new Selling price.

I THINK IT HELPED YOU ^

Answer 2

Find the cost price:

Loss = 20%

Selling Price = 100 - 20 = 80%

80% = Rs 1200

1% = 1200 ÷ 80 = Rs 15

100% = 15 x 100 = Rs 1500

Find the selling price:

Gain = 20% x Rs 1500

Gain = 0.2 x 1500 = Rs 300

Selling Price = 1500 + 300 = Rs 1800

Answer: He should sell it at Rs 1800