by selling a house for rs 400,000; a person loses 20%. to get gain of 15% at what price should the house be sold?
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Answer:
house sold on loss of 20%
i.e. he sold at 80%
so, 80% = 4,00,000
for gain of 15% he sold house for 115%....
hence,
80% = 4,00,000
115% = 5,75,000
answer = 575000
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