A shopkeeper sold an article at a discount of 15%. If he had given a discount of 9.5% in place of 15%, then he would have earned Rs. 110 more. If the cost price of the article is 20% less than its marked price, then find the cost price of the article.
Let the marked price of the article is Rs. ‘x’. According to the question; 0.905x – 0.85x = 110 Or, 0.055x = 110 Or, x = 110/0.055 = 2000 Cost price of the article = (80/100) × 2000 = Rs. 1,600
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