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Find the cost price of an article which was sold for Rs2520 at a loss of 5%?
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Find the cost price of an article which was sold for Rs2520 at a loss ...




Calculation of Cost Price


Let's assume the cost price of the article is Rs x.


Selling Price Calculation



  • Selling Price = Cost Price - Loss

  • Selling Price = x - 0.05x = 0.95x



Given Information



  • Selling Price = Rs 2520

  • Loss = 5%



Equation Setup



  • 0.95x = 2520



Finding Cost Price



  • x = 2520 / 0.95

  • x = 2640



Cost Price


Therefore, the cost price of the article is Rs 2640.



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Find the cost price of an article which was sold for Rs2520 at a loss of 5%?
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