Question

Specited.
Example 4 A person sells an article for Rs 360 at a loss of 10%. For
what price should he sell the same article to gain 20%.​

Answer 1

Answer:

₹480

Step-by-step explanation:

Selling Price (SP) = ₹360

Loss = 10%

=> (100-10) % of CP = SP

=> 90% of CP = ₹360

=> 90/100 × CP = ₹360

=> CP = ₹360 × 10/9

=> CP = ₹400

Gain = 20% = 20/100 × ₹400 = ₹80

New SP = ₹400 + ₹80 = ₹480

Answer 2

₹480 is the right answer

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