When a shirt is sold for N12000.00, a loss of 20% is recorded. How much should it be sold for to gain 20%?
a
N4800.00
b
N400
c
N1800.00
d
N1500.00
e
N960.00
Explanation
Correct Option
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Tobi_f10
5 years ago
Explanation
selling price=N12000
loss=20%
Cost price= 80/100 *12000 = N15000
%profit= 20%
selling price= 120/100 *N15000= N18000


