Devendra, a computer accessories vendor
gave a discount of 20% on a pen-drive and
his profit reduced from Rs. 200 to Rs. 100.
What is Devendra's cost price?
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Answer:
20 % of SP =100
so 100% of SP =500 Rs
so 200 Rs is profit and so
CP =SP -profit
CP=500-200=300 Rs
therefore cost price is Rs 300.
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