Arithmeticmedium · Past Paper
A person sells a shirt for Rs. 480 and loses 20%. At what price must he sell to gain 20%?
ARs. 720
BRs. 600
CRs. 640
DRs. 580
✓ Correct Answer: A — Rs. 720
CP = 480 / 0.8 = 600. New SP = 600 * 1.2 = 720.
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