A shopkeeper sells a sweater at a loss of 5%. If he had sold it for ₹260more,he would have made a profit of 15% . calculate the purchase price of the sweater
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If the product sold at 95%(5%Loss) of Cost Price and If the product sold at 115%(15% Profit),Difference in Price=260£
which is equal to 115%-95%=20%
20%=260£
100%=1300£
So,Cost Price is 1300£!
which is equal to 115%-95%=20%
20%=260£
100%=1300£
So,Cost Price is 1300£!
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