a shopkeeper earned 5% profir by selling a tv for 8400find the cp
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A shopkeeper earned 5% profit by selling a TV for = 8400
what is his cost price =?
5% of his cost price is added to its selling price
so we should reduce 5% from Selling price
5% of 8400
5/100×8400= 420 is the profit or gain
selling price - gain = cost price
8400- 420= 7980 is the cost price
Hence the cost price is 7980
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