Reshma sells a dinner set for ₹9600, making a profit of 20%. What is the cost price?
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Answer Let the CP be Rs 100 Profit (20%) = Rs 20 Therefore, SP = Rs (100 + 20) = Rs 120 If SP is Rs 120, CP = Rs 100 If SP is Rs 9600, CP = 100/120 x 9600 = Rs 8000
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