After allowing 30% discount on M.P., the
profit is 5% what is the cost price of the article
marked 300 Rs?
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Answer:
Let the cost price be 100
Marked price is 30% above it or 130.
Discount given is 10% of 130 or 13
Sale price is 130–13 =117
Profit is 17
Profit as percentage of cost is 17/100=17%
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