selling price Rs 1600 loss price 400
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Answer:
The cost price is ₹ 2000 and the lost percent is 20%.
Step-by-step explanation:
Selling price = ₹ 1600
Loss = ₹ 400
Cost price = Selling price + loss = 1600 + 400 = ₹ 2000
Loss % = 100 × Loss/Cost Price.
Loss % = 100 × 400/2000
Loss % = 20%
So, the cost price is ₹ 2000 and the lost percent is 20%.
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