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Question

Find the cost price when $$SP=₹657.60$$ and $$Loss=₹4\%$$.


Solution

As the formula states $$CP=(100/(100-Loss\%))\times SP$$
$$=(100/(100-4))\times657.60$$
$$=(100/96)\times657.60$$
$$=658$$
$$\therefore$$ The cost price is $$₹658$$

Mathematics

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