By selling an article for rs. 480 a person lost 20%. For what should he sell it to make a profit of 20%?
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Let the cp of article be x.
the
loss 20% of selling price
80x/100 = 480
x = (480×100)/80
x = 600
Now earn to 20% profit of cp
=> 600×20/100
=> Profit = Rs. 120
SP= CP + profit
SP= 600+120
SP= 720
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