A Shopkeeper marked an article10% above the cost price and sells it at a discount of Rs 7.50. It there by he makes 5% loss, what is the cost price of the article.
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Step-by-step explanation:
Let the C.P. = Rs. 100
Then marked price =Rs. 110, S.P. = Rs. 99
Therefore, Discount %=(
110
11
×100)%=10%
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