Find the SP, when C.P.-1540 and loss=4%
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We have,
SP = { (( 100−loss %) / 100 )×CP}
= { (( (100−4) / 100) × 1540 ) }
= { ( 96 / 100) × 1540 }
= 147840 / 100
SP =Rs.1478.40
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