If the cost price of an article is Rs x . It is marked up by 100%. It is sold at Rs 1,200 after giving 20% discount. What is value of x?
A) 750 B) 1500 C) 1000 D) 2000
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Answer:
let price marked up by Y.
according to questin Y=2X (because marked up by 100% i.e raised by 100%)……..(1)
the discount given is 20% threfore its clear that
80% of Y=1200
=> 80/100 * Y=1200
=>Y=1200*100/80
=> Y=1500
now from equation (1)
x=1500/2=750Rs
Step-by-step explanation:
Hope this help✌️
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