By selling an article for 196 the loss is 1th/8 of it's cost price . find the cost price of article
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Answer:
Rs.224
Step-by-step explanation:
Let the Cost Price (CP) be 8x.
Loss = 1/8 of 8x = x
Selling Price = Rs.196
CP - Loss = SP
=> 8x - x = 196
=> 7x = 196
=> x = 196/7
=> x = 28
Hence, cost price = Rs.(8×28) = Rs.224
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