Question

if a man were to sell a watch for rs. 700 , he would lose 20% . what must he sell it for, to gain 20%?

Answer 1

Amount of money at a loss = 20% of Rs.700
=Rs.35
=Rs.35+Rs.700=735(without any loss or profit)

Amount of money at profit =20% of 700
=Rs.35 +Rs.735
=Rs.770