a trader sold an article for Rs 714/-after allowing
discount of 15%.If not allowed discount he would have make
20%profit. If so what will be thwe cost price of the article
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Answer Posted / g.anand
Cost price will be 700/-
as sale price after discount of 15% is 714/- ,it means sale
price without discount of 15% is 840/- ( 714*100/85) . Now
if not allowed discount he would have made 20% profit , so
cost price will be 700/- ( 840*100/120
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