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Question 72
The cost price of an article is Rs x. It is marked up by 200%. It is sold at Rs 540 after giving 25% discount. What is the value of x (in Rs)?
Solution
Given CP=x
MP=3x
Discount=25%
MP-Discount=540
(3/4)MP=540
MP=Rs 720
3x=720
x=240
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