an article was sold for rs250 at a profit of 5% what was the cost price?answer fast
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as we know that percentage is always in 100 but here it is increased by 5 % to become cost price 250 so, we take whole percentage is 105%
therefore, according to question
c.p = 100/105 ×250
= appox 238 ( real 238.095238 %)
hence , cost price is 238
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