A shopkeeper allow a10% discount on the marked price and still makes a profit of 12.5% if the marker price is Rs 375 find the actual cost price
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Step-by-step explanation:
Rs:-375
M.P = Rs. 500 Discount = 10%
∴ S.P. = Rs.500-10% of Rs.500=90% of Rs.500= 90/100 ×Rs.500=Rs.450
Profit = 20% C.P.=Rs.( 450×100/120 )=Rs.375
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