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Cochin Shipyard Limited launched the Anti-Submarine Warfare Shallow Water-Crafts INS Malpe and INS Mulki. These vessels enhance the Indian Navy's capabilities in littoral waters and are part of a broader initiative to strengthen India's maritime security through indigenously built defense assets.
A shopkeeper marks an article at 40% above the cost price and gives a discount of 20%. If the cost price of the article is ₹500, find the profit.