Find the cost price, when Selling price is ₹40 and gain is 15%
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Step-by-step explanation:
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Answer:
Cost price = ₹6
Step-by-step explanation:
Selling price = ₹40
percent of profit = 15%
Cost price = ?
SP = CP + PROFIT
40 = CP + 15/100
CP = 15/100 x CP
CP = 3/20
→ 3/20 × 40
Cost price = ₹6
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