The marked price of an article I'd Rs. 500. At the time of selling it to the shopkeeper gives a discount of 12% and gains 10%. The cost price of the article is
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Discount price= Marked price − discount%100×Marked price
=500− 12/100 ×500
=500−60
=440
Discount=cost price+ Profit/cost price×100
440=x+10/100x
440=x+1/10x
12/10x=440
x=440×10/12
x=1100
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