Q. What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?
✅ Correct Answer: (D)
20 %
Explanation: SP2 = 2/3 SP1
CP = 100
SP2 = 80
2/3 SP1 = 80
SP1 = 120
100 --- 20 => 20%
Explanation by: Mr. Dubey
SP2 = 2/3 SP1
CP = 100
SP2 = 80
2/3 SP1 = 80
SP1 = 120
100 --- 20 => 20%
CP = 100
SP2 = 80
2/3 SP1 = 80
SP1 = 120
100 --- 20 => 20%