When an article is sold at a discount of 10%, a profit of Rs. 8 is
earned. If the same article is sold without allowing discount, there
will be a profit of Rs. 20. Find the cost price of
the article.
Answers
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2
Rs 100
Step-by-step explanation:
market price = MP
cost price = CP
P1 = (MP-10%) - CP= RS 8
- CP = RS 8 - 0.90%MP
CP = 0.90 MP - RS 8
P2 = MP - CP = RS 20
-CP = RS20 - MP
CP = MP - RS 20
0.90 MP - RS 8 = MP - RS 20
- 0.10% MP = - RS 12
0.10% MP = RS 12
MP = RS 120 P
CP =MP - RS 20 = RS 120 - RS 20 =RS 100
THE COST PRICE OF THE ITEM IS RS 100
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