2. A boy sold his old book for * 64 at 20% loss. What was the cost price of
the book?
(A) 78.80 (B) * 80 (C) ₹ 100 (D) 120
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Answer:
Selling price is=64
Loss=20%
Cost price=?
We know that
Loss=Cost Price-Selling Price
Loss in %=[(Cost price-Selling price)/Cost price]*100%
20=[(CP-64)/CP]*100
20CP=100CP-6400;
640=8Cp
Cost price is Rs. 80
Step-by-step explanation:
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