By selling an article for Rs 480 A lost 20 For what should he sell it to make a profit of 20 ........

Quantitative Aptitude ( CCS) Profit and loss

By selling an article for Rs. 480 A lost 20%. For what should he sell it to make a profit of 20%?

Rs. 800

Rs. 760

Rs. 720

Rs. 680

Let the cp of article be X
loss 20% of selling price
80x/ 100 = 480
X = (480×100)/80
X = 600

Now earn to 20% profit of cp
=600×20/100
profit = 120rs

SP = CP + profit
sp = 600 +120
sp = 720

Hence, option 3 is the correct answer.

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