Question

    The cost price of an article is Rs. x. It is marked up

    by 100 percent and it is sold at Rs. 420 after giving 30 percent discount. What is the value of x (in Rs.)?
    A 375 Correct Answer Incorrect Answer
    B 325 Correct Answer Incorrect Answer
    C 300 Correct Answer Incorrect Answer
    D 400 Correct Answer Incorrect Answer

    Solution

    Marked price = CP + CP × 100% = 2CP Marked price = 2x 2x × (100 - 30)% = 420 2x × 70% = 420 x = 210 × 100/70 = Rs. 300 ∴ x = 300

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