what will be the cost price of an item if it is sold for Rs187 after a loss of 15%?
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Let the cost be x
15% loss in selling price will be x-15%of x which is equal to 187
Going by above we have x-15x/100 = 187
100x-15x = 187*100
85x = 18700
x=18700/85 = 220/-
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