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Last year Jose sold a painting for $2000. If he made a 25%
profit on the sale, how much had he paid for the painting?
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Answer Posted / amol
Selling price = 2000
Profit %= 20%
So 2000*20%=400(profit made)
Cost price =2000-400=1600
Answer is 1600
| Is This Answer Correct ? | 7 Yes | 13 No |
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