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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?

Correct Answer: 420

Explanation:

Initially CP profit SP MP

100 x (100+x) 133.33

After Change 100 2x (100+x)

Now, Since (100+x) - 100 = 2x

$\frac{7}{6}$ x= 20%

CP Profit SP MP

100 20 120 133.33

So, 300 60 360 400

Again 300 120 420

So the increased selling price = Rs. 420

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