Question

If a cycle is sold of 1120 ,we get 20% loss ,how much we have to sold to get 40% profit

Answer 1

As it is sold on 20% loss so 1120 is 80% of the original amount.

The original amount is (1120/80)*100 = 1400.

If you would have to make 40% profit Add mark-up of 40% to 1400.

(1400/100)*140= 1960.

Thank you :)