Question
The marked price of an article is Rs. 120 more than its
cost price. The article is sold at 50% discount such that the seller earns a profit of Rs. 20. Find the marked price of the article.Solution
Let the cost price of the article be Rs. ‘x’. Then, marked price of the article = Rs. ‘x + 120’ Selling price of the article = Rs. (x + 20) ATQ; 0.5 × (x + 120) = x + 20 Or, 0.5x + 60 – x = 20 Or, 0.5x = 40 So, x = 80 So, marked price of the article = 80 + 120 = Rs. 200
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