find the cp when sp is 1755 and gain is 121/2
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Answer:
₹ 1560
Step-by-step explanation:
SP = ₹ 1755, gain = 12(1/2) %
Gain = 12(1/2) = 25/2
By using the formula, we have:
CP = ₹ {(100/ (100 + gain %)) × SP}
= {(100/ (100 + (25/2))) × 1755}
= {(100/ ((200 + 25)/2)) × 1755}
= {(200/ 225) × 1755}
= {351000/225}
= ₹ 1560
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