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Rice is being sold at ₹ 1800 per bag of 25 kg at profit of ₹ 250. Find the Cost price of the rice bag.

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Best answer

S.P = ₹ 1800

Profit = ₹ 250

Profit = S.P – C.P

⇒ 250 = 1800 – C.P

⇒ C.P = 1800 – 250 = ₹ 1550

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