Q5 of 59 Page 147

By selling an article for ₹ 920, a shopkeeper gains15%. Find the cost price of the article.

Given: SP = ₹ 920, gain = 15%



⇒




Gain = SP – CP


⇒ SP = Gain + CP




⇒ Gain = ₹ 120


So, CP = SP - Gain =₹ 920 - ₹120 = ₹ 800


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