Question

Ramesh lost 20% by selling an article ₹ 1280. how much did he purchase it for ?
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Answer 1

Step-by-step explanation:

Let the Cost Price be 'x',

Selling Price = ₹ 1280

Loss% = 20%

Loss = 20% of Cost Price.

=

$\frac{20}{100} \times x \\ = \frac{x}{5}$

Selling Price = Cost Price - Loss

$= x - \frac{x}{5} \\ = \frac{4x}{5}$

1280 =

$\frac{4x}{5}$

x =

$\frac{1280 \times 5}{4} \\ = 320 \times 5 \\ = 1600$

Cost Price = 1600

Therefore, Ramesh purchased the article at ₹ 1600.

Answer 2

Answer:

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