A dealer is selling an article at a discount of 5% on the

A dealer is selling an article at a discount of 5% on the marked price. If the marked price is 12% above the cost price and the article was sold for Rs. 532, then the cost price is (in Rs.)

Given that , S.P. of article = Rs. 532 , discount = 5%
Let the C.P. of article be Rs. y.

∴ Marked price = Rs.	112y
	100

According to the question,

112y	×	95	= 532
100		100

⇒ y =	532 × 10000	= Rs. 500
	112 × 95