Question
If Sam sells a ring at a discount of 30% of the usual price, he will make a profit of $131. If he sells it at a discount of 50%, he will still make a profit of $51. Find the cost price of the ring.
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If Sam sells a ring at a discount of 30% of the usual price, he will make a profit of $131. If he sells it at a discount of 50%, he will still make a profit of $51. Find the cost price of the ring.