3. Raj Sells a television for 8400, making a profit of 20%.
What is the cost price of the television?
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Answer:
420
Step-by-step explanation:
So here we'll apply the formula to find CP when Profit% and selling price is given.
SPx100/ ( 100 + profit%)
8400x100/100+ 20%
then cancel out the zeroes...
and then only 840/2 will be left...
divide 840 by 2 , that is 420.
So the cost price is 420
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