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Some pen bought something at loss for Rs 60.He then sold it the price of 81 and his profit was 20% of the loss.At what price did he buy the object.
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- lets Assume loss be Rs x on Rs 60
Cost Price = 60+x
He then sold it the price of 81 and his profit was 20% of the loss
60+x + 20%x = 81
Solving this x will be 17.5
Cost Price = 60 + x = 60 + 17.5 = 77.5
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