A dress marked at Rs 1250 was sold at 10%discount. the shopkeeper still made a profit of 12.5%. what was the cost price of the dress
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The cost price of dress is 1000
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Answer:
1000
Step-by-step explanation:
Marked price of the dress (MP) = Rs 1250
Discount = 10%
Profit = 12.5%
ADiscount = 10% of 1250 = 125
SP = MP – Discount = 1250 -125 = 1125
CP = SP X (100/100+12.5)
= 1125 X 100/112.5
= 1000
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