Nita incurred a loss of 25 percent by selling an article for Rs. 1200. What was the CP of the article?
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Answer:
Let price=x
1920−x=x−1280
2x=3200
x=1600
Now, for profit of 25%
1600+
100
25
=400
∴ Net price=1600+400
=2000/2.
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