An item is sold for rupees 540 for a lose of 5/. What was its cost price.
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Answer:
SP = ₹540
Loss = 5%
CP = 100xSP ÷ 100-loss%
= 100x540 ÷ 100-5
= 54000÷ 95
= 568.42
therefore CP is ₹ 568.42
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