A Vendor bought an Old t.v. He Spent Rs 200 on transportation and Rs 1600 on Repairs . Due to Lack of demand he Had to Sell it for Rs 1962 thereby losing 10% in the Deal . What Price did he pay to Buy the T.V.
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Let the price he paid be x
x + 200 + 1600 = x + 1800
loss% = 10%
sale price = 1962 = 90%
100% value (cost) = 1962×100/90 = 2180
x + 1800 = 2180
x = 2180 - 1800
= 380
the purchase price is ₹380
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