Mathematics · Profit and Loss
The profit earned by selling an article for Rs. 1,060 is 20% more than the loss incurred by selling the same article for Rs. 950. At what price should the article be sold to earn a 20% profit?
- 1Rs. 980
- 2Rs. 1,080
- 3Rs. 1,800
- 4Rs. 1,200✓
Correct answer
Rs. 1,200
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