A shopkeeper sold a bat at a loss of 13%.Had he sold it for Rs.160 more he would have gained 19%. Find the cost price of bat.
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Original CP = x
Original SP = 87x/100
to gain 19% SP should be = 87x/100 + 160
87x/100 + 160)/x 100 = 119
87x + 16000 = 119x
32x = 16000
x = 16000/32 = 500
Cost Price of bat = Rs. 500
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