An item was sold for Rs 400 at a loss of 10%. what was its cost price?
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Selling Price(S.P) = ₹ 400
Loss % = 10%
Cost Price(C.P)
As, Loss% = 10%
the item was sold for 400rs
so,
₹ 400 = 100% - 10%
₹ 400 = 90%
Let,
- The Item was sold for 90% .
90% - ₹ 400
100% - ₹ (x)
By Cross Multiplying,
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