a dealer sells a transistor at a gain of 16% if he had sold it for rupees 20 more he would have gained 20% find the CP of transistor
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Answer:
500
Step-by-step explanation:
let x be the cost price
116%ofx +20 = 120%of x
=> (120-116)%of x = 20
4% of x = 20
i.e. 4/100*x = 20
x= (20*100)/4
=500
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