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AKSHAY MAHADIK

CAT Preparation Community 9y ago

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?

a. 240

b. 360

c. 420

d. 600

4

Sunirmal 9y ago

420?

AKSHAY MAHADIK 9y ago

plz explain solution


karan sharma 9y ago

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


Therefore,

(7/6)x - 300 = 2[ x- 300]


Solving for x,

x=360

New S.P =7/6x=420



 




Akhil Tanakala 7y ago

Given, Marked price is 25% more than the Cost price. => C.P of the article = 34 x 400 = 300 Now, Let the original S.P of the article be Rs. P Now the new S.P = P + (16.666 +13.333)x P/100 => S.P = 7P/6 According to the question, 7P/6 − 300 = 2(P − 300) => 5P = 1800 => P = Rs. 360 Hence, the increased S.P = 360 x 7/6 = Rs. 420.

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