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Question

A loss of 20% is incurred when 6 articles are sold for a rupee. To gain 20% how many articles should be sold for a rupee?

A
1
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B
2
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C
3
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D
4
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Solution

The correct option is A: 4
Given than, SP=Re. 1,Loss%=20%

When there is loss of 20%, then SP=CP20% CP=0.8×CP

1=0.8CP [SP=Re 1, given]

CP=10.8=108=54

CP=54

To gain 20%, SP=CP+20% CP=1.2×CP=120100×54=32

SP=Rs. 32=Rs. 1.5 [when we increase the selling price,there will be gain of 20% on 6 article]

For Rs. 32 number of articles sold =6

For Rs.1 number of articles to be sold =6×23=4 articles.


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