Question

on selling a orn at 48 the person losses 20 % in ordr to gain 20 %what would be the s.p.​

Answer 1

Answer:

sp=72

Step-by-step explanation:

sp=48

l =20%

cp=sp/(1-l%)

=48/1-20%=48/1-.2=48/.8=60

g=20%

new sp =cp(1+g%) = 60(1+20%)

=60(1.2)=72

when sp=75, cp=60, gain=20%