The MP of 5kg rice is rs120. A spoon worth rs10 is given with every pack of 5kg rice. Even then the retailer gains 10%. Find the CP of 5 kg rice.
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Answer:
MP of 5kg rice=120
10rs spoon was Evey pack
so total MP =130
then gain 10%profit
so cp=mp ×100/100+10
cp=115
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