Niraj incurred a loss of 55 per cent on selling an article for Rs. 9549. What was the cost price of the article? ?->(Show Answer!)

1. Niraj incurred a loss of 55 per cent on selling an article for Rs. 9549. What was the cost price of the article?

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By: anil on 05 May 2019 01.18 am

Let the CP of an article be x. Loss% =$$frac{CP-SP}{CP}$$ 0.55 = $$frac{x-9549}{x}$$ 0.55 = 1-$$frac{9549}{x}$$ x = 9549/(1- 0.55) = 9549/0.45 = 21220.

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