An article is marked 10% above the cost price. when the selling price of an article is increased by 20% the profit gets increased by rs 96. if the marked price of the article is rs 440,then find original selling price.
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Answer:
its very easy
the marked price is 440.
from the question it is 10% above from cost price
so cost price=440*(100-10)/100
=396.
let's selling price is x
from the question if we increase selling price by20% profit is increased by rs 96.
from marked price profit=440-396=44.
so profit increased by 96+44=130
so x*120/100=396+130=526.
then x = selling price=438rs
Step-by-step explanation:
x*120/100=526
x*12=5260
so x=5260/12.
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