Arithmetic Ability
Profit and Loss

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Q.

What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20% ?

View Answer

Correct choice: D

Explanation:

SP2 = 2/3 SP1 CP = 100 SP2 = 80 2/3 SP1 = 80 SP1 = 120 100 --- 20 => 20%
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