Question

Long Answer Type Questions
14. By selling an article for 480, a person lost 20%. For what amount should he sell it to gain 2
15. If a number x is 10% less than another number y and y is 10% more than 125, then find x.​

Answer 1

Answer:

613

Step-by-step explanation:

Selling price = 480

Loss = 20%

We will take out the cost price

formula of cost price - 100 / 100 - loss × selling price

100/ 100 - 20 × selling price

100 / 80 × 480

cost price - 600

cost price - 600

gain -2%

selling price - 100 + profit / 100× cost price

selling price - 102/100 × 600

selling price - 612

The person should sell the article of 612 to gain

2% profit

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