By selling an article for Rs.450, I lose 20%. For what amount, should I sell it to gain 20%?

  1. Rs.675
  2. Rs.470
  3. Rs.490
  4. Rs.562.50
Anurag Mishra Professor Asked on 11th December 2015 in Maths.
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1 Answer(s)

Answer:  (1) Rs. 675

Explanation:-
The selling price of an article = Rs. 450
Loss = 20%

Then, the cost price of  an article = 450 x 100/80
 = Rs, 562.50

Should I sell it to gain 20%,
Then, the price of the article = 562.5 x 120/100
 = Rs. 675

Hence, the answer is (1) Rs. 675.

Anurag Mishra Professor Answered on 11th December 2015.
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