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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