A book was sold for Rs.575 therby gaining 15%
find c.p. of the book.
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Answer:
Given,
Selling price of book = Rs. 575
Let cost price of book be Rs.a.
⇒ Profit = 575 - a
Given,
Selling price of book = Rs. 385
⇒ Loss = a - 385
Then,
⇒ 575 - a = a - 385
⇒ 2a = 960
⇒ a = 480
∴ cost price of a book is Rs. 480
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