By selling every article at rs.10, a person had 16 2/3 % loss.what was the cost price of each article?
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Let the Cost price initially was 6 and after selling on 1/6 the of the loss the selling price became 5.
So the ratio of sp to CP = 5 : 6
5 is equal to 10. So 6 will be equal to 12.
So 12 was the cost price of every article.