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Finding Prices / Charges Related to Buying and Selling

Ravi sold an ...

Question

Ravi sold an item for $R s 2800$ at the gain of $10 %$ then find the cost price.

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Solution

$S P = 2800$
Gain $= 10 %$
$110 % \times C P = S P$
$⟹ C P = \frac{100 \times 2800}{110}$
$⟹ C P = R s . \frac{28000}{11}$

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