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Vishwas sold an item for Rs. 7,200/- and...

Vishwas sold an item for Rs. 7,200/- and incurred a loss of 20%. At what price should ha have sold the item to have gained a profit of 20% ?

A

Rs. 10,800/-

B

Rs. 8,950/-

C

Rs. 11,200/-

D

Cannot be determined

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The correct Answer is:
C
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