Question

On selling a pen for₹48 a shopkeeper loses 20 percent in order to gain 20 percent what should be the selling price

Answer 1

Answer:

Rs.72

Step-by-step explanation:

Selling price of pen = Rs.48

Loss = 20%

=> 80% of C.P. = 48

=> 80/100 × C.P. = 48

=> C.P. = Rs.60

Now, gain = 20%

Hence, new selling price = 120% of 60 = Rs.72