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Home » Aptitude » Profit and Loss » Question
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When an article is sold at a gain of 20%, it yields $ 60 more than when it is sold at a loss of 20%. The cost price of the article is
Let the CP of the article be $ y
⇒ 40y = 60 × 100
We can find required answer with the help of given formula : Here, a = 20%, R = $ 60, b= 20%