A person sold an article at a loss of 12 %. Had he sold it for ₹162 more, he would have gained 24 %. If the article is sold for ₹360 then the loss percent is:

20

Direct concept = Loss% + Profit% = Given profit in rupees

                           12%  +     24%   = 162

                            36% of CP = 162

                            100% of CP = 450

Selling price of the article= 360

Loss percentage = ( 450 - 360 ) × \(\frac{100}{450}\) = 20%