SOLUTION: An item is sold at 48 rs. with lose of 20 rupees. how much will be the cost if it has to be sold with 20% profit

SOLUTION: An item is sold at 48 rs. with lose of 20 rupees. how much will be the cost if it has to be sold with 20% profit

Algebra.Com

Question 984080: An item is sold at 48 rs. with lose of 20 rupees.
how much will be the cost if it has to be sold with 20% profit
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
.
If the item lost 20 rupees at 48 rupees, the original cost was:
48 rupees+20rupees=68 rupees
To make 20% profit, the selling price must be 120% cost:
(1.20)(68 rupees)=81.6 rupees
.
ANSWER: The selling price at 20% profit should be 81.6 rupees.
RELATED QUESTIONS
How many lemons are to be sold in RS 700 to make a profit of 40% when 20 lemons cost... (answered by checkley79)

When an item costs $12, for at least what price should it be sold if the profit is to be... (answered by rfer)

It costs Rs.800 to make a chair. if it is to be sold for a profit of 30% after giving 20% (answered by rfer)

hi sir, 1] profit after selling an article for Rs.425 is the same as loss after... (answered by anantha)

The members of the Lincoln High School Prom Committee are trying to raise money for their (answered by JimboP1977,jim_thompson5910,solver91311)

An item was sold for 650.00 naira with a profit of 30%. If the profit had been 20%, what... (answered by mbmodak)

1. If a man buys 1 lt of milk for Rs.12 and mixes it with 20% water and sells it for... (answered by edjones)

respected sir, could you plz help me to solvethis % problem.. 1]A merchant sells an... (answered by edjones)

$15 = Price item is sold for. $55 = Cost to produce item $4 = Labor cost Question:... (answered by mananth)