Answer-A man sells an article at a certain price incurring 20% loss. If he had sold the same article for Rs...

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ATQ, Let the cost price of article be 100x  When sold at loss  SP  100x - 20100  100x  80x When sold at profit SP  100x  20100  100x  120x According to the question, 120x - 80x  20  40x  20  x  0.5  100x  50    Cost price of article is Rs. 50

A man sells an article at a certain price incurring 20% loss. If he had sold the same article for Rs. 20 more he would have earned 20% profit. What was the cost price of the said article?

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