Arithmetichard · Past Paper
By selling an article for Rs. 240, a man incurs a loss of 10%. At what price should he sell it so that he makes a profit of 20%?
ARs. 264
BRs. 320
CRs. 300
DRs. 280
✓ Correct Answer: B — Rs. 320
CP = 240/0.9 = 800/3. New SP = (800/3) * 1.2 = 320.
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