Question

By selling an article for Rs. 1600, a shopkeeper loses 20%. for how much should he sell it to gain 20%​

Answer 1

Answer:

Step-by-step explanation:

Here's your answer

Let us first calculate CP of the article.

So, Let CP be x.

x-20% of x = 1600

x-x/5 = 1600

4x/5 = 1600

x = 1600*5/4 = 2000.

Now,

Gain = 20%

So, SP = 2000 + 20% of 2000

i.e. 2000 +400 = 2400.

So, To gain 20%, he should sell the article

in Rs 2400.

Thanks....!!!