Let the C.P be rs x. If a man gains 20% profit by selling an article for rs 816, find the C.P.
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C.P=rs x
Profit% = 20%
S.P = Rs 816
Profit = P% of C.P
= 20/100*x
= x/5
C.P = Profit + S.P
x = x/5 + 816
x = x+4080/5
5x = x+4080
5x-x=4080
4x=4080
x = 4080/4
x = 1020
C.P = 1020 ans
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