ram sold the bicycle for ₹ 2500 at a loss of 6%. what is the cost price of the bicycle.
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Selling price= 2500 rupees
Loss=6%
Cost price=SP×100/100-loss%
=2500×100/100-6
=250000/96
=2604.16
Therefore Cost Price of bicycle is =2604.16 rupees
Hope it helps you
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