If a person sells an article for RS 400 gaining 1/4 of its cost price , then the cost price is what
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Let cp X
Profit = 1/4 of X
=X/4
Cp+profit =sp
X+X/4=400
5x/4=400
X=400×4/5
X=320
Cp = 320
Profit=X/4=80
Profit %=80/320×100%
=25%
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