Question

The ratio of the cost price and marked price of an article is 7:11, respectively. The article is sold after giving a discount of Rs. 300 such that there is a profit of 50%. Find the amount by which the article is marked up above its cost price. 

A Rs 1200
B Rs 960
C Rs 2400
D Rs 1000
E Rs 1800
Practice Next

Hey! Ask a query