14. Machine costing ₹ 12,000 Sold off at 20% profit on SP,
15. Sold furniture for ₹ 7,200 at 20% loss on CP,
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Answer:
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Explanation:
MACHINE COST = SP
SO, SP = 12000
PROFIT = 20%
SO, CP = 100 / 100 + PROFIT × SP
CP = 100 / 100 + 20 × 12000
CP = 100 / 120 × 12000
= 100 × 100= 10000 ANSWER
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