if an article sold on 3520 with the loss of 4% . find the C.P of article
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Let the cost price be x
Then, x−10 % x=240
90% x=240
x=240×90100
x=266.67
For a profit of 20%, the selling price should be = 266.67×120%
= 266.67×1.2= 320
here is a type of this math
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