An article was sold at Rs 18000 at a discount of 10%. Find the marked price of the article and the amount of discount allowed.
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The marked price = Rs 18000
So, selling price = Rs 18000(100 - 20)/100
= Rs 14400
Suppose, cost price = Rs x
So, selling price = Rs x(100 + 20)/100
So, 120 x/100 = 14400
So, x = 12000.
So, CP = Rs 12000
Now, in second situation,
SP = Rs 18000(100 -12)/100
= Rs 15840
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