Sonu sold an article for Rs 6500 and lost 20% on it. The cost price of the article was
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Answer:
The cost price of the given article is Rs7800.
Step-by-step explanation:
According to the question,
The formula we are going to use is:
SP= CP-Loss
In the given question, there is a loss of 20%.
So, 20% of 6500 is= 6500×20÷100=1300
Loss=1300
Put the values in the formuala:
6500=CP-1300
CP= 6500+1300
CP=7800
Hence, the cost price of the article is Rs7800.
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