If akhil sold an article for rupees 500 and gained 25% on it find the cost price of the article
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given,
Selling price = Rs 500
Gain = 25%
, Therefore,
C.P= 100×S.P/100+P%
= 100×500/100+25
50000/125
= Rs 400
Therefore, Cost price= Rs 400
Selling price = Rs 500
Gain = 25%
, Therefore,
C.P= 100×S.P/100+P%
= 100×500/100+25
50000/125
= Rs 400
Therefore, Cost price= Rs 400
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