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%?
SP = Rs.800 ; Profit = 25%
CP = SP x 100100+P% = 800 x 100100+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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