A horse bought for rupees 8,000 was sold at a loss of 6% .
At what price was the horse sold
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Cost price of horse=8,000
Loss%=6%
Loss=6% of 8,000
Selling Price of horse=8,000-480=7,520
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Answer:
Cost Price = 8000
Loss% = 6%
Loss = 6% × 8000 = 6/100 × 8000 = 480
Selling Price = Cost Price - Loss = 8000 - 480 = 7520
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