SOLUTION: A trader loses 20 percent by selling an article for Rs.480. If he is to gain 20 percent, he should sell it for rupees:

Question 1182712: A trader loses 20 percent by selling an article for Rs.480. If he is to gain 20 percent, he should sell it
for rupees:

Answer by ikleyn(52803) (Show Source): You can put this solution on YOUR website!
.


Selling for Rs 480 and loosing 20% means that the trader bought the article for Rs 600.


If he is to gain 20%, he must sell it for  600 + 0.2*600 = 720  Rs.    ANSWER

Solved.

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