Arithmetic Ability
Profit and Loss

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Q.

When a women sells 20 articles for Rs. 160, there is 40% loss. How many articles should she sell for Rs. 240 in order to earn 20% profit ?

View Answer

Correct choice: B

Explanation:

Given when she sells at Rs. 160 for 20 articles, she get 40% loss. Then, to get 20% profit selling at Rs. 240 for let 'P' articles => 160/20/60=240/p/120 => 120 x 160 x P = 20 x 70 x 240 => P = 15 articles.
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