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Profit and Loss

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  1. Selling price of an article is ₹ 2220 and the per cent profit earned is 20%. What is the cost price of the article ?
    1. ₹ 1750
    2. ₹ 1876
    3. ₹ 1776
    4. ₹ 1850
    5. None of the above
Correct Option: D

CP = (100/120) x 2220 = ₹ 1850


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