3. an article was sold for ₹250 with a profit of 5%. what is the cost price ?
please explain it step by step I will mark you as brain list
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Step-by-step explanation:
Selling price of article =RS.250
profit =5%
cost price = x
SP=CP+CP×100profit percentage
250=x+x×1005
250=x+20x
21x=5000
x=Rs.238
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