Question

When a pen is sold for 12 rupees, 20 per cent loss is incurred. How much should be sold for 20% profit? *​

Answer 1

Step-by-step explanation:

When I sold the article in Rs. 96/- then, there is a loss of 20%. So the Article value should be 96+ 24 (if basic price is Rs. 100/- and sold in Rs. 80/- then if sold price is 96 then basic price ? = 100x96/80=120).

Now If will have to get 20% profit on basic price then 120+24=144 (if basic price is Rs. 100 and sold in Rs.120(100+20% profit then basic price is Rs.120/- then sold price is Rs. 144/-)