Anjali sold an item for 14,000 and suffered loss of 30%. Find the cost price of the item. Also, find the price at which Anjali must have sold the item to make a profit of 30%.
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Step-by-step explanation:
Given,
Sp=14000rupess
Loss=30%
therefore,cp=100/100-30 * 14000 =100/70 * 14000=100 * 200= 20000
now,
cp=₹20000
gain=30%
therefore,sp= 100+30/100 * 20000= 130/100 * 20000= 130 * 200=26000
so, required sp=₹26000
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