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

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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) About Me  (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
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ANSWER: The selling price at 20% profit should be 81.6 rupees.