sp=1596 and gain percent12
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Greetings..!!
Given :
Selling Price(S.P) = Rs 1596 and Gain percent = 12%
To find :
Cost Price(C.P)=??
Let the C.P be Rs x.
Then, according to question,
⇒ Gain + C.P = S.P
⇒12 % of x + x = 1596
⇒12x / 100 + x = 1596
⇒112x / 100 = 1596
⇒112x = 1596*100
⇒x=159600/112
∴ x = 1425
Answer : Hence , Cost Price(C.P) is Rs 1425.
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