a man buys an item as rupees 1200 and sell it at the loss of 20% then what is the selling price of that item
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c.p.=1200
s.p.=?
loss=?
loss%=20
l=l%×c.p./100
=20×1200/100
loss=240
s.p.=1200-240
s.p.=960
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