the selling price of an article is rupees 1200 and cost price is 5 by 4 times of its selling price find the cost price of an article
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4
Answer:
Selling price = 1200
Cost price = 5/4 ×1200
= 300 × 5
= 1500
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1
Answer:
Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit). Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).
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