given CP=Rs 1500,Loss=20% find the SP
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Answer:
if CP = Rs 1500, loss % = 20 %
so, SP = CP( 100 - loss % ) / 100
SP = 1500 ( 100 - 20 ) / 100
SP = 1500 ( 80 ) / 100
SP = 1,20,000/ 100
SP = 1200
∴ therefore the SP ( selling price ) is Rs. 1200
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