item was sold for 540 at a loss of 5%. What was its cost price? – InterviewSolution

1.	item was sold for 540 at a loss of 5%. What was its cost price?
Answer» sp=540let cp be xloss=(5/100)×x =5x/100sp=x-5x/100 =19x/2019x/20=540x=(540×20)/19 =10800/19 =568.42

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