On selling an article for $ 170, a shopkeeper loses 15%.

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On selling an article for $ 170, a shopkeeper loses 15%. In order to gain 20%, he must sell that article at :

Here , S.P. of article = $ 170
For loss 15% ,

C.P. of article =	170 × 100	= $ 200
	85

∴ Required S.P. =	200 × 120	= $ 240
	100

We can find required answer with the help of given formula :

C.P. = S P			100
			100 - Loss%

C.P. =	170 × 100
	100 - 15

C.P. =	17000	= Rs. 200
	85

New S.P. = C.P			100 + Profit%
			100

New S.P. = 200			100 + 20
			100

New S.P. =			200 × 120			= $ 240
			100