When a commodity is solid for Rs34.80 , there is a loss of 2% what is the cost price of the commodity?
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S.P=Rs34.80
Loss= 2%
C.P= (100/100-loss%)*S.P
=(100/98)*34.80
= Rs 35.5 (approx.)
Loss= 2%
C.P= (100/100-loss%)*S.P
=(100/98)*34.80
= Rs 35.5 (approx.)
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