by selling an article for ₹700,the loss is 20%. to make of 20%, for how much should the articles be sold?
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Sp of the article=700
Let the cp be x,
then x-20/100x=700,
so 4/5x=700,
so x=875
so Cp = 875
so to make a profit of 20 percent
cp+20/100cp
=875+20/100*875,
=875+175
=1050
Let the cp be x,
then x-20/100x=700,
so 4/5x=700,
so x=875
so Cp = 875
so to make a profit of 20 percent
cp+20/100cp
=875+20/100*875,
=875+175
=1050
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