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Neha sold an article at a loss of 8%.
Had she sold it for ₹100 more, she would have gained 12%.
Find the cost price.

Class 7Profit and LossComparing Quantities
  • A1000
  • B450
  • C500
  • D550

Step-by-Step Solution

Let CP = . Difference between 12% gain and 8% loss = 20% of . So → = ₹500.
Answer: C) 500

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