By selling an article for ₹ 450, there is a loss of 20%. For what price should it be sells to gain 20%?
Answer & explanation
Correct answer: option 2
CP = 450 × \(\frac{100}{80}\)
SP = 450 × \(\frac{100}{80}\) × \(\frac{120}{100}\)
= Rs. 675
By selling an article for ₹ 450, there is a loss of 20%. For what price should it be sells to gain 20%?
Correct answer: option 2
CP = 450 × \(\frac{100}{80}\)
SP = 450 × \(\frac{100}{80}\) × \(\frac{120}{100}\)
= Rs. 675