A horse sold for Rs1820 at a loss of 9 percent . Find the cost price of horse
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Step-by-step explanation:
Sold price : 1820
Loss percent : 9%
Loss percent = ((C.P - S.P) / C.P) *100
Hence, on simplifying we get
(9/100) = 1 - S.P/C.P
SP/CP = 1 - 0.09
SP/CP = 0.91
rearrange to get CP
CP = SP/0.91
CP = 1820/0.91
Hence CP = 2000
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