A shopkeeper allows a discount of 25%on his goods and sells it at a profit
of 25%. What is the cost price of the goods, If the marked price is Rs 3000?
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Answer:
MP is always expressed as % of CP
Discount is always offered on MP
SP = MP - Discount
Profit = SP - CP
Given MP = 3000
=> Discount = 25% = 750
=> SP = 2250
=> CP = SP/125% = 2250/125 x 100 = 1800
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