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By Mathematics Mcqs Profit and Loss Mcqs No Comments

By selling 12 pencils for a rupee a man loses 20%. How many for a rupee should he sell in order to gain 20%?

A. 8
B. 9
C. 12
D. 16

Explanation:

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80% — 12

120% — ?

80/120 * 12 = 8

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