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By selling an article at Rs.800, a shopkeeper makes a profit of 25%.At what price should he sell the article so as to make a loss of 25%?

Correct Answer: Rs.480

Explanation:

SP = Rs.800 ; Profit = 25%


  C P   =   S P   x   100 100 + P %   =   800   x   100 100 + 25   =   640


 


 Now, CP = Rs.640


 


Loss = 25% = 25% of Rs.640 = Rs.160


 


Thus, SP = CP - Loss = Rs.640 - Rs.160 = Rs.480


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