cp of a T-shirt is 800 rs
Discount is 30%
find s•p = ?
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2
Answer:
Given:
When SP = Rs. 800 then profit =25\%
Formula Used:
If an article is sold at a profit of X\%, and the Cost Price is overline CP ;
then the SP becomes:
SP = [(100 + x) / 100] * C * P
Similarly, for a loss of y\% the SP becomes:
SP = [(100 - y) / 100] * C * P
Calculation:
a profit is 25%, and the SP is Rs. 800
800 = [(100 + 25) / 100] * C * P
Rightarrow CP=800*(4/5)=640
Similarly,
If a loss is 25%, and the CP is Rs. 640
SP = [(100 - 25) / 100] * 640
Rightarrow SP=(3/4)*640=480
.. When the loss is 25\% , SP is Rs. 480
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