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1. The marked price of an article is Rs. 500. A shopkeeper gives a discount of 5% and still makes a profit of 25%. The cost price of the article is = ?

A. Rs. 384

B. Rs. 380

C. Rs. 300

D. Rs. 376

Solution:

\begin{aligned} Cost price of the article \\ =  500 \times \frac{95}{100} \times \frac{100}{125} \\ = Rs . 380 \end{aligned}

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