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By selling 90 ball pens for $ 160 a person loses 20%. The number of ball pens, which should be sold for $ 96 so as to have a profit of 20% is
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- 36
- 37
- 46
- 47
Correct Option: A
Given that , S.P. of 90 ball pens = $ 160
On 20% lose ,
C.P. of 90 ball pens = | × S.P. | 100 - Loss% |
C.P. of 90 ball pens = | × 160 = $ 200 | 80 |
S.P. for a gain of 20% = | = $ 240 | 100 |
∵ $ 240 = 90 ball pens
∴ $ 96 = | × 96 = 36 | 240 |