Steve sells an article for 1200 Rs but this time he suffers a loss of 20%. What will be the C.P?
A). 1000 Rs.
B). 1500 Rs.
C). 2000 Rs.
D). 2500 Rs.
1500 Rs.
Take CP = x
SP = 1200 Rs
So 0.8x = 1200
x = 1200/0.8 = 1500 Rs
So C.P is 1500 Rs.
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