find the cost price of an article which sold for rs4050 at a lossof 10 percent
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Let the CP of the article be ₹x.
SP = ₹4050
Loss % (r) = 10%
SP = (1 - r/100) * CP
₹4050 = (1 - 10/100) * CP
CP = ₹4050 × 100 /90
= ₹ 4500
Profit % (r) = 8%
SP = ( 1 + r/100) × CP
= (1 +8/100) × ₹4500
= ₹ 4860
Ans. = The cost price of the article is ₹4500 .
And the new selling price is ₹4860.
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