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Question
When an article is sold at a gain of 20%, it yields ₹ 60 more than when it is sold at a loss of 20%. The cost price of the article is ______.
Options
₹ 200
₹ 150
₹ 140
₹ 120
MCQ
Fill in the Blanks
Solution
When an article is sold at a gain of 20%, it yields ₹ 60 more than when it is sold at a loss of 20%. The cost price of the article is ₹ 150.
Explanation:
40% → 60
100% → `60/40 xx 100` = ₹ 150
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Profit and Loss (Entrance Exam)
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