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Question

Juhi sells a washing machine for Rs 13, 500. She loses 20% in the bargain. What was the price at which she bought it?

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Solution

Selling price = Rs 13500

Loss % = 20%

Let the cost price be x.

∴ Loss = 20% of x

Cost price − Loss = Selling price

= 16875

Therefore, she bought it for Rs 16875.
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