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    Question

    An article costs ₹2000. It is sold at 10% loss. By

    what percent should the selling price be increased to make 20% profit on cost?
    A 33 (2/3)% Correct Answer Incorrect Answer
    B 37 (1/3)% Correct Answer Incorrect Answer
    C 33 (1/3)% Correct Answer Incorrect Answer
    D 31 (5/3)% Correct Answer Incorrect Answer

    Solution

    ATQ, Old SP = 2000×0.9 = 1800 Required SP = 2000×1.2 = 2400 Increase% = (2400−1800)/1800 ×100 = 600/1800×100 = 33 1/3%

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