at 10 % loss the selling price of an article is rs 1620, then what is cost price of an article
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Answer:
SP = Rs 1620
Loss = 10%
CP = x
If SP = Rs 90, CP = Rs 100 (Rs 10 loss)
If SP = Rs 1, CP = Rs 100 / 90
If SP = Rs 1620, CP = Rs 100 / 90 x 1620
=> CP = Rs 1800
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