kumar sells an article for 120 Rs at a loss of 20%. At that price should be sell to gain 15%?
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Answer:
Rs. 165.60
Step-by-step explanation:
Selling Price of an article=Rs.120
Cost Price = Rs.120 + 20% of Rs 120
= Rs.120 + Rs. 24
= Rs. 144
On profit (gain)of 15%,
Rs.144 + 15% of Rs 144
= Rs. 144+ Rs. 21.6
= Rs. 165.6
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