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- Quantitative Aptitude
7.Profit and Loss
easy
On selling an article for $Rs.\, 500$ the loss incurred is $20 \% .$ To make a profit of $20 \%$ the article must be sold at in $Rs.$?
A
$700$
B
$750$
C
$800$
D
$900$
Solution
Loss $=\frac{20}{100}=\frac{C P-500}{C P}$
$C P=$ $Rs. 625$
Now Profit $=\frac{20}{100}=\frac{S P-625}{625}, S P=$ $Rs. 750$
Standard 13
Quantitative Aptitude