a shopkeeper allows his customer discount of 10% and profit% is 10% if 250 is MP find cp
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Step-by-step explanation:
Marked Price = Rs 250
Discount= 10%
= 250*10/100 = 250*0.1 = 25
Margin=250-25=225
Margin =25%
Cost price
= 100/100+profit * selling price
= 100/100+25 * 225
= 0.8 * 225
= 180
Actual cost of article is Rs.180
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Formula- cp-sp
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