By selling a pen for Rs. 48, a man loses 20%. Find the cost price of pen. What will be the selling price if he sells it at gain of 25%.
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hey mate here is your answer:-
SP=48
L=20%
CP=SP×100/100-L%
CP=48×100/100-20
CP=48×100/80
CP=60 rupees
shopkeeper wants to gain 25 % and CP is 60 rupees
then SP= CP(100+G%)100
60(100+25)100
60×125/100
SP= 75 rupees
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