Selling an item for 300 rupees is the loss of 40% of the

Q: Answer-Selling an item for 300 rupees is the loss of 40% of the profit received on selling the same item fo...

Let the cost price of the item be Rs. x According to the question x-300 1000-x x 40100 x-300 1000-x x 25 5x-1500 2000-2x 5x 2x 2000 1500 7x 3500 x 35007 x 500

profit received on selling the same item for 1000 rupees. Know the purchase price of that item? (In rupees).

A 500

B 680

C 480

D 625

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Selling an item for 300 rupees is the loss of 40% of the

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