Answer :
Formula Used.
Loss/profit percent = × 100
Let Cost price of picture be X
Then Selling price = Cost price – Loss
= X - ×X
=
If he sold it with Rs. 200 more than
+ Rs. 200
He made 5% profit
Selling price = Cost price + Profit
= X +
=
⇒ + Rs. 200 =
= Rs. 200
= Rs. 200
X = Rs. 800
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