On selling an article for Rs.48, a
shopkeeper loses 20%. In order to gain
20%, what would be the selling price?
(a) Rs.52
(b) Rs.56
(C) Rs.68
(d) Rs.72
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Answer:
how to find cost price so that we will use the formula of cost price
CP=100/100-loss%×SP
CP=100/100-20×48
CP=100/80×48
now we will solve this equation, we got
CP=60
SP=100+profit%/100×CP
SP=100+20/100×60
now we will solve this equation again
SP=120×60/100
SP=Rs. 72
Hence, the answer will be (d) rupees 72
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