Home » Aptitude » Profit and Loss » Question
  1. By selling an article for $ 480 a person lost 20%. For what should he sell it to make a profit of 20%?
    1. $ 800
    2. $ 760
    3. $ 720
    4. $ 680
Correct Option: C

According to question,
S.P. = $ 480
Loss% = 20%

∴ C.P. = $
100
× 480 = $ 200
80

On 20% profit ,
∴ Required price =
120
× 600 = $ 720
100



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