A pair of shoes was sold for N2,250.00 at a loss of 10%. What was the cost price?
Using: CP = \(\frac{SP \times 100}{100 − L%}\)
L% = 10
SP = 2250
CP = \(\frac{2250 \times 100}{100 − 10}\) = \(\frac{225000}{90}\) = #2500
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CP = \(\frac{SP \times 100}{100 − L%}\)
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