By selling an article for #150 a dealer lost 20% What is the cost price
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Step-by-step explanation:
- SP of the article is: Rs =150 and loss=5percent
so by using formula CP=100/(100-losspercent)×SP
CP = 100/(100-25) ×150=
100/75×150=
Rs=200
Hence the CP of the article is Rs 200
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