0.95*Cp+104=1.08*cp
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Step-by-step explanation:
Sale at 5%,which means selling price =0.95 cost price
Hypothetical case: Rs 104 more, would mean 8%gain=1.08*cost price
0.95 *cp + 104=1.08cp
cp=Rs 800
Actual selling price =0.95*800=Rs760
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