the profit obtained by selling an article for Rs480 is twice the loss obtained by selling for Rs 300.what is cost price of article
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What is the cost price of the article - Here pofit is the twice the loss Profit = 2 Loss SP –CP = 2 (CP – SP) 480 –CP = 2(CP – 300) 3 CP
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Answer:
Cost price= Rs. 360
Explanation:
(480-CP) = 2(CP-300)
480-CP = 2CP-600
3CP = 1080
CP = 360
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