Question
If Simon sells a ring at a discount of 10% of the usual price, he will make a profit of $201. If he sells it at a discount of 20%, he will still make a profit of $31. Find the cost price of the ring.
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If Simon sells a ring at a discount of 10% of the usual price, he will make a profit of $201. If he sells it at a discount of 20%, he will still make a profit of $31. Find the cost price of the ring.