By selling a cap for rs. 34.40 a man gains 7.5% what will be the cost price of the cap
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Answer: 32 Rs.
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siddhartharao77
Given Selling price = 34.40.
Profit = 7.5%.
We know that Cost price = Selling price * 100/100 + Gain%
= 34.40 * 100/100 + 7.5%
= 3440/107.5
= 32.
Therefore the cost price of the cap = 32 rupees.
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