By selling every article at a loss of 10 rs, a person had 16 2/3 percent loss. What was the cost price of each article.
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Answer:
Cp = 60 RS.
Step-by-step explanation:
Let Cp = x
SP = x-10
loss% = (loss×100)/cp
16 2/3% = (10×100)/x
50/3 = 1000/x
x = 1000×3/50
x = 60
CP = 60
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