Rohit lost 20% by selling a bicycle for Rs. 2080. Find the cost price of the bicycle.
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Answer:
Given that
lost = 20 %
SP = Rs. 2080
Cp = ?
CP = 100 - loss % / 100 × SP
= 100 - 20 / 100 × 2080
= 8 × 2080
= 16640
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