a cow was sold at 15% profit.if it was sold for 1200 less the seller incurred a loss of 5%.if he wants to make a profit of 12(1/2) at what rate he must sell it
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Explanation:
Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss )
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