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Find the CP when SP is ₹ 400 and loss is 70 %?

₹ 4000/3
₹ 5000/3
₹ 2000/3
₹ 7000/3

Correct Answer: ₹ 4000/3

Explanation:

CP = (100/30) x 400 = ₹ 4000/3
[∵ CP = {100/(100 - Loss%)} x SP]

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