This problem involves calculating the total number of votes cast in an election based on the percentage of votes received by the losing candidate and the vote difference between the winner and loser.
The problem states that the difference in votes (the margin of loss) is $520000$. This difference corresponds to the $26\%$ calculated above.
Let $T$ be the total number of votes cast. We can set up the equation:
$ 26\% \text{ of } T = 520000 $
Convert the percentage to a decimal:
$ 0.26 \times T = 520000 $
To find the total votes ($T$), divide the vote difference by the percentage difference:
$ T = \frac{520000}{0.26} $
$ T = \frac{52000000}{26} $
$ T = 2000000 $
Therefore, the total number of votes cast in the election was $2,000,000$.
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