find the cost price of a mixer which was sold for rs 2520 at a loss of 5%
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Answer
Let the CP of the article be ₹x.
SP = ₹2520
Loss % (r) = 5%
SP = (1 - r/100) * CP
₹2520 = (1 - 5/100) * CP
CP = ₹2520 × 100 /95
= ₹
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