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Question

A shopkeeper offers 10 off-season discount to the customers and still makes a profit of 26. What is the cost price of a pair of shoes marked at Rs.1120?

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Solution

MP=Rs.1120
Discount=10%
SP=90%MPSP=90%×Rs.1120=Rs.1008
Profit=26%
126%×CP=SPCP=100×Rs.1008126=Rs.800
CP=Rs.800

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