Question

If a man were to sell a watch for ₹ 700 , he whould lose 20% . What must he sell it for to gain 20%​

Answer 1

Answer:

To make the 20% profit, the article should be sold for Rs 1050.

Step-by-step explanation:

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Answer 2

${\huge{\boxed{\sf{\orange{Answer}}}}}$

C.P = S.P × 100/(100 - loss)

= 700×100/100-20

= 70000/80

= 875 rs

${\huge{\boxed{\textit{\red{C.P of the watch is 875rs}}}}}$

To get a profit of 20 %

S.P = C.P × (100+ profit) /100

= 875 × 120 / 100

= 1050 rs

So, if he wants profit he must sell it 1050rs for 20% profit