DARE : ADER :: REEK: ?
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?
I would say give away is "original marked price be Rs.400 which is greater than the corresponding cost price by 33.33% "
Which Gives C.p. as 300.
Now lets say Original S.P. is x
New S.P. will be (7/6)x
(7/6)x - 300 = 2[ x- 300]
Solving for x,
New S.P =7/6x=420
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