Question

By selling a piece of cloth for 17.50, a cloth merchant suffers a loss of 12%. At what
price should he sell the cloth piece to get a gain of 20%? answer is 24​

Answer 1

Step-by-step explanation:

step by step explantation

selling price is 17.5

loss =12%

profit =20%

so by formula 17.5*120/88=25.86