Join ExamsbookAnswer : 2. "Rs. 420"
The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33%, what is the increased selling price?5
Q: The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33%, what is the increased selling price?
- 1Rs. 380false
- 2Rs. 420true
- 3Rs. 460false
- 4Rs. 440false
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Answer : 2. "Rs. 420"
Explanation :
Answer: B) Rs. 420 Explanation: As given in the question, Marked price is 25% more than the Cost price. => C.P of the article = 34 x 400 = 300 Now, Let the original S.P of the article be Rs. P Now the new S.P = P + 16.666 +13.333300 x P => S.P = 7P6 According to the question, 7P6 - 300 = 2P - 300 => 5P = 1800 => P = Rs. 360 Hence, the increased S.P = 360 x 7/6 = Rs. 420.