Question

Q.3 - 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.

Answer 1

Answer:

₹480

Step-by-step explanation:

Given

Marked price = ₹440

Matk up percent = 10%

Now

Let the selling price be 100 units

& when selling price is increased by 20% i.e.

Selling price = 100 + (20% of 100) = 120 units

Profit increases by ₹96

So clearly difference between the two selling price i.e.

Increased selling price - original selling price = 120 - 100 = 20 units

&

20 units = 96

=> 1 unit = 96/20 = 4.8

So original selling price = 100 units = 100 × 4.8 = ₹480