On selling a jute bag for ₹ 48, Ashmitha incurs a loss of 20%. In order to make a profit of 20% what should be the selling price of the jute bag?
Given:
- Selling price at 20% loss = ₹ 48
- Loss % = 20%
- Desired profit % = 20%
Solution:
SP = ₹ 48, Loss = 20%
CP =
Calculate new SP for 20% profit:
The selling price to make a 20% profit should be ₹ 72.
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