A shopkeeper selling an article at a discount of 30% losses Rs 400. If he allowed 10% discount he gains Rs 200. Find the marked price and the cost price of the article.
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Answer:
CP = ₹300 Profit % = 10%
=> SP = (1.1)300 = ₹330.
Discount is 20% => MP = (100/80)330 = ₹412.50
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