A loss of 20% is incurred when 6 articles are sold for a rupee. To gai – InterviewSolution

1.

A loss of 20% is incurred when 6 articles are sold for a rupee. To gain 20should be sold for a rupeehow many articles

Answer»

Let cost price be x

He incurrs a loss of 20%

.80x=1

X = 5/4 or 1.25 rupees

To gain 20% , he has to sell 1.25 + .2 × 1.25 = 1.5 rupees

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