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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: Rs. 420

Explanation:

As given in the question, Marked price is 25% more than the Cost price.


=> C.P of the article =  3 4   x   400   =   300  


Now, 


Let the original S.P of the article be Rs. P


Now the new S.P = P +  16 . 666   + 13 . 333 300   x   P  


=> S.P =  7 P 6


According to the question,


7 P 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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