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Question
Valarmathi sold her pearl set for ₹ 30,000 at profit of ₹ 5000. Find the cost price of the pearl set
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Solution
Selling price of the pearl set = ₹ 30,000
Profit = ₹ 5000
Profit = S.P. – C.P.
⇒ 5000 = 30,000 – C.P.
⇒ C.P. = 30,000 – 5,000 = ₹ 25,000
Cost price of the Pearl set = ₹ 25,000
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