Anoop sold an item for Rs. 6,000/- at a loss of 25%. At what cost would he have purchased that item?
Question
Aptitude Questions:
Anoop sold an item for Rs. 6,000/- at a loss of 25%. At what cost would he have purchased that item?
As per question, Selling price of an item = 6,200/-
Cost price = 6000 x (100/100-25)
Cost price = 6000 x (100/75)
Therefor Rs. 8000 he have purchased an item.
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