SP = 924,gain= 10
SP = ₹12000 and SP =₹12800
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SP = ₹ 924, gain = 10%
By using the formula, we have:
CP = ₹ {(100/ (100 + gain %)) × SP}
= {(100/ (100 + 10)) × 924}
= {(100/ 110) × 924}
= {92400/110}
= ₹ 840
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