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Manoj incurred a loss of 40 percent on selling an article for 5,700. What was the cost price of the article ?
7,725
9,080
8,250
9,400
None of these
SP = 5700
Loss percentage = 40%
(CP-SP)/CP = 40/100
CP = $$ (5/3) \times SP $$
= 9500
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