A man sells an article at a profit of 20%  If he had bought it for 20% less but sells at the same price, find the gain % Options :50%20%30%none

Question

A man sells an article at a profit of 20%  If he had bought it for 20% less but sells at the same price, find the gain % Options :50%20%30%none
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Solution 1

Let's solve this step by step:

  1. Assume the cost price of the article is $100.
  2. The man sells it at a profit of 20%, so the selling price is $120.
  3. If he had bought it for 20% less, the cost price would be $80.
  4. But he sells it at the same price, which is $120.
  5. Now, the gain is the selli Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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