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Rakesh on selling a lamp for Rs. 450 bears a loss of 20%. To earn a profit of 20%, he should sell the lamp for 

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Rakesh on selling a lamp for Rs. 450 bears a loss of 20%. To earn a profit of 20%, he should sell the lamp for 
  • A675
  • B600
  • C625
  • D680
Answer not set

Discussion 1

0
CCommunity
Let the C.P be x

⇒ x – (20% x) = 450

⇒ (80/100)x = 450

⇒ x = 562.5

∴ Required selling price = 562.5 + (20% of 562.5) = 675