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.)?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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