Question

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Answer 1

Answer:

140 cost price

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Answer 2

Answer:

SP of an article = ₹ 450

Loss % = 10

WKT,

SP of article = CP of article - CP of article * Loss %

Thus, CP = 450 * 100 / 90 = 500

Now, if the merchant choses to sell the article at ₹ 500, it means that he is selling at the CP.

In this case, there would be no gain or loss.

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