gurdeep lost 20% by selling a bicycle for rs 1536. what percent should

1.	gurdeep lost 20% by selling a bicycle for rs 1536. what percent should i gain by selling it for rs2040?
Answer» Loss = 20% LET CP = x So SP is 80 % of CP 80/100 x = 1536 x = 15360 / 8 x = 1920 CP = 1920 New SP = 2040 Profit = 2040 - 1920 = 120 Profit % = 120/1920 * 100 = 1/16 * 100 = 25/4 = 6.25%

gurdeep lost 20% by selling a bicycle for rs 1536. what percent should i gain by selling it for rs2040?

Answer»

Loss = 20%

LET CP = x

So SP is 80 % of CP

80/100 x = 1536

x = 15360 / 8

x = 1920

CP = 1920

New SP = 2040

Profit = 2040 - 1920 = 120

Profit % = 120/1920 * 100 = 1/16 * 100 = 25/4 = 6.25%

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gurdeep lost 20% by selling a bicycle for rs 1536. what percent should i gain by selling it for rs2040?

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