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Let the cost price and marked price of the article be Rs. 3x and Rs. 7x, respectively Therefore, selling price of the article = 1.5 × 3x = Rs. 4.5x According to the question, 7x – 4.5x = 800 Or, x = 800/2.5 = 320 Therefore, amount by which article is marked up above its cost price = 7x – 3x = 4x = Rs. 1280
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