Question 52
A man loses 20% by selling an article for ₹96. For what amount should he have sold the article to gain 15% ?
Solution
S.P = Rs 96, Loss = 20%
C.P = $$96\times\frac{100}{80}=120$$
Required profit = 15%
New S.P = $$120\times\frac{115}{100}=Rs 138$$
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