If the selling price of an article which is sold at
121/2% profit is Rs. 36, find the cost price of the
article.
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Answer:
CP of the article is Rs 32
Step-by-step explanation:
let CP be x
SP = CP + profit
=> 36 = x + 12.5x/100
=> 36 = x + x/8
=> 36 = 9x/8
=> x = 36*8/9
=> x = 32
therefore CP of the article is Rs 32
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