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Sticky Note
If the sales price is 672 and the profit is 5%, then the cost price should be _____?
  1. 630
  2. 649
  3. 640
  4. 700
Explanation

Let cost price = x

Sales price = x + 5% of x = 1.05x

1.05x = 672

x = 672 / 1.05

x = 640


Last verified on 10-03-2026

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