2. By selling an article for 960 a man incurs a loss of 4%. What is the cost price of the article
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Answered by
3
Answer:
Let the cost be equal to 100 units, if we have a 4 percent loss, then selling price = 100–4% of 100 = 96.
Given here that selling price is 960.
Comparing 96 with 960,
The cost 100 = ?
Crossmultiply,
? = (960*100/96) = 1000.
Answered by
2
Answer:
1000
Step-by-step explanation:
CP formula = sp ×100/100- loss
960×100/100-4
960×100/96
10×100
1000 cost price
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