A shopkeeper allows a discount of 15% on each of his items and still makes a profit of 12% each of them. Find the CP of an article marked at 1250.
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Answer:
M.P = Rs. 500 Discount = 10%
∴ S.P. = Rs.500-10% of Rs.500=90% of Rs.500=
100
90
×Rs.500=Rs.450
Profit = 20% C.P.=Rs.(
120
450×100
)=Rs.375
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