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Question
By selling a cycle for ₹2345/-, a student loses 19%. His cost price is nearly:
Options
₹ 4,000/-
₹ 5,000/-
₹ 3,000/-
₹ 3,500/-
MCQ
Solution
₹ 3,000/-
Explanation:
SP = 2345, L = 19%
CP`=100/81xx2345=₹2895.06≈3000`
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Profit and Loss (Entrance Exam)
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