what will be the cost price when selling price is 660 and profit is 50 rupees
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Answer:
Cost Price = ₹ 610
Step-by-step explanation:
Concept :
Cost Price = Selling Price - Profit
OR
Cost Price = Selling Price + Loss
Given,
Selling Price = ₹ 660
Profit = ₹ 50
∵ Cost Price = Selling Price - Profit
⇒ 660 - 50
⇒ ₹ 610
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