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Question 41
What is the cost price of an article when selling price is ₹ 2592 and the gain is 8%?
Solution
Given,
Selling price = 2592 and
1.08 x (Cost price) = (Selling price)
1.08 x (Cost price) = 2592
Cost price = 2592/1.08
Cost price = 2400
Hence, option A is the correct answer.
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