Question

By selling on article for Rs 600, a Shopkeeper
makes a profit of 20% At what price should
he sell the article to incur a loss of 20%?​

Answer 1

Answer:

Rs 400

Step-by-step explanation:

Solution:

Given:-

Selling price of an article at 20% profit = Rs 600 

Formula Used 

Cost price = selling price/(100 + profit%) × 100 

Selling price = cost price/100 × (100 - loss%)

Calculation-

Cost price = (600/120) × 100 = Rs 500 

Selling price = (500/100) × 80 = Rs 400

∴ The selling price of an article at 20% loss is Rs 400 

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