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Find the cost price when SP = ₹2431 and Loss = 6 ½ %.

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Find the cost price when SP = ₹2431 and Loss = 6 ½ %.

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1 Answer

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As the formula states CP = (100 / (100 – Loss %)) × SP= (100/ (100-(13/2))) × 2431

= (100/ (187/2)) × 2431

= (200/187) × 2431

=2600

∴ The cost price is 2600

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