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Company
Numerical Ability
Profit and Loss
A trader gets a profit of 25% on an article. If he buys the article at 10% lesser price and sells it for Rs. 2 less, he still gets 25% profit. Find the actual CP of the article.
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- let say cost prize= cp ,profit %=25
sp=1.25cp
nw new cp=0.9cp, sp=(1.25-2) p%=25
sp=125%cp
(1.25-2)=125% of 0.9cp
solve we get cp=16 - 10 years agoHelpfull: Yes(2) No(1)
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