If a saree is sold for ₹3,060, the seller will face 15% loss, at what price should he sell the saree to gain a 20% profit ?
Answer & explanation
Correct answer: option 4
SP1 SP2
100 - L% 100 + P%
100 - 15% 100 + 20%
85 120
85x = 3060
then, 120x = ₹4,320