the selling price of an article is ₹2400 and cost price is ⅜ times it's selling price. find 1) cost price of the article 2) profit or loss percentage
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Step-by-step explanation:
Marked price will be =C.P.+25 % of C.P.=100125×C.P.=100125×2,400=Rs3,000
And Discount =15 % of Marked Price =10015×3,000=Rs450
And Selling price will be = Marked Price − Discount =Rs3,000−Rs450=Rs2550
Now, Gain =S.P.−C,P,=Rs2550−Rs2400=Rs150
Gain % =C.P.S.P.−C.P.×100=24002550−2400×100=6.25 %
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