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Profit and Loss

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  1. The owner of a furniture shop charges his customer 18% more than the CP. if a customer paid ₹ 10207 for a dining table, then find its original price.
    1. ₹ 9240
    2. ₹ 8650
    3. ₹ 9840
    4. ₹ 7670
Correct Option: B

Original CP = [100/(100 + Gain%)] x SP
= (108/118) x 10207 = ₹ 8650


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