Profit and Loss Practice Test 7

Question : 15 of 40

Marks: +1, -0

50% more is gained by selling an antique piece for Rs 2,20,000 then selling it forRs 1,20,000 then find its CP?

Solution:

50% of CP = 2,20,000 - 1,20,000

50/100   ×CP=100000

CP=\Rs 2\Lakh

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