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A shopkeeper offers 10% discount and sti...

A shopkeeper offers 10% discount and still makes a profit of 26% what is the cost price if the marked price is Rs 280?

Text Solution

Verified by Experts

Given:
Marked price `= Rs 280`
Selling Price `= Marked Price - Discount`
` => 280 - 10% of 280`
` => 252`
Cost price = selling Price - Profit
` => 252 - 252/1.26xx0.26`
` => 200`
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