‘A’ sold an article for INR 8000/- and incurred a loss. Had he sold the article for INR 9800/-, his gain would have been twice the amount of loss. At what price should the article been sold to earn 20% profit

  • INR 10840/-
  • INR 9820/-
  • INR 10320
  • INR 9840
  • INR 10480
  • Explanation:

    Let the selling price of an article = INR x

    According to question,

    2(x-8000)=(9800-x)

    2x-16000=9800-x

    3x=25800

    x=INR 8600/-

‘A’ sold an article for INR 8000/- and incurred a loss. Had he sold the article for INR
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