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Devendra, a computer accessories vendor gave a discount of 20% on a pen-drive and his profit reduced from ₹200 to ₹100. What is Devendra’s cost price?

#### Options

₹ 300

₹ 200

₹ 400

None of these

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#### Solution

**₹ 300**

**Explanation:**

20% of discount Reduced his Profit from ₹200 to ₹100

Let SP = x

`20/100"x"=100`

x = 500

CP = 500 − 200 = ₹300

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