a shopkeeper offers discount 20% on all thecarticals at his shop and still makes profit of 12% what is the c.p of an articlecwhose marked price is rs 280
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Marked price= £280
Discount-- 20%
Discount cost -- 20×280/100 = £56
Selling price=marked price -discount =280-56= £224
S.P. =224
Profit%=12
C.P. =S.P. ×100/100+profit%
=224×100/112=200
Cost price=£200
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