Business Studies, asked by akanshmani460, 1 year ago

By selling an article for rs. 480 a person lost 20%. For what should he sell it to make a profit of 20%?

Answers

Answered by DaShInGUy
29
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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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